AT&T announced on Tuesday that they agreed to buy 49 spectrum licenses from privately held Aloha Partners to cover nearly 50 million people in 14 states in order to expand their network, according to Reuters. The No. 2 U.S. mobile service provider did not disclose the financial terms of the deal which it hopes to close in the second half of the year after a regulatory review. This announcement came after T-Mobile’s announcement that they were expanding their network by purchasing spectrum from Verizon Wireless.
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