Categories
Finance iPhone News wireless

AT&T announces acquisition of Straight Path for $1.25 billion, works to expand future 5G networks

It never hurts to buy the bandwidth you need in advance. AT&T on Monday announced that it will acquire Straight Path Communications, a company that holds licenses to airwaves needed for the next-generation network technology. AT&T announced the deal in a press release, noting that it is worth $1.6 billion in total. Straight Path Communications […]