AT&T buys Verizon’s spare 4G spectrum so it can soup up its LTE networks — Tech News and Analysis

Verizon Wireless is making good on its promise to the FCC to return its extraneous 700 MHz to the market, and the principle buyer turns out to be the country’s other mega-carrier, AT&T. Verizon will give AT&T 39 lower-700 MHz licenses in some of the country’s biggest cities in exchange for $1.9 billion in cash and four licenses in an alternate 4G band.

via AT&T buys Verizon’s spare 4G spectrum so it can soup up its LTE networks — Tech News and Analysis.

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