Posts Tagged ‘telecommunications company’

AT&T bolsters mobile Internet service with purchase of NextWave Wireless Inc.

Telecommunications company AT&T acquired NextWave Wireless Inc. for $ 600 million in cash. The deal expects AT&T to improve its mobile Internet service. The amount reached $ 600 million because AT&T also took on NextWave’s debt of $ 550 million. Article © AHN – All Rights Reserved Economy, Business And Finance Stories