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AT&T to buy Straight Path for US$1.6bn to bolster 5G groundwork

Connectivity BusinessbyConnectivity Business
April 10, 2017
in Investments, Space Services, Strategy and Markets
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US telco giant AT&T is acquiring internet service and telecoms start-up Straight Path Communications and its portfolio of millimetre wave (mmWave) spectrum for US$1.6bn. The transaction will also help the company to compete in… US telco giant AT&T (NYSE:T) is acquiring internet service and telecoms start-up Straight Path Communications (NYSE:STRP) and its portfolio of millimetre wave (mmWave) spectrum for US$1.6bn. The country’s second-largest carrier […]

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