AT&T Buys $1.9B in Spectrum from Verizon for LTE Expansion

We know that LTE and 4G are going to power the next phase of the mobile revolution. LTE can hit near wired network download speeds and with the newest and most popular smartphones all LTE capable, carriers want to meet our need for speed with the spectrum to cover it. AT&T might be great at selling iPhones, but being awesome at LTE isn’t their strong suit, however a nearly $2B spectrum purchase from Verizon might help fix that.

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