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AT&T Buys 49 AWS Spectrum Licenses

By TechTaffy Desk

AT&T has agreed to acquire 49 Advanced Wireless Services (AWS) spectrum licenses from Aloha Partners. The licenses cover nearly 50 million people in 14 states — California, Colorado, Connecticut, Idaho, Illinois, Indiana, Kentucky, Maine, Massachusetts, New Hampshire, New Jersey, Ohio, Pennsylvania and Texas.

The transaction is subject to regulatory approval, and is expected to close in the second half of 2014. Financial terms were not disclosed.

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