AT&T bets on 5G with Straight Path Communications buy for $1.25 bln

• by Reuters
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AT&T Inc said on Monday it would buy Straight Path Communications Inc, a holder of licenses to wireless spectrum, for $1.25 billion in an all-stock deal as it aims to accumulate the airwaves it needs for a next generation network. The deal shows how wireless carriers may be increasingly willing to pay lofty prices for […]