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AT&T to acquire wireless carrier Straight Path in $1.6B deal for its spectrum, ahead of 5G push, paying almost 3x Straight Path's stock price

AT&T to acquire Straight Path in $1.6B deal for spectrum Reuters : Straight Path soars after AT&T calls in a bid at huge premium Ryne Hager / Android Police : AT&T set to buy more 5G millimeter wave spectrum for $1.6 billion Nic Fildes / Financial Times : AT&T to buy Straight Path in spectrum push Jeff Baumgartner / Broadcasting & Cable : AT&T Eyes More 5G Spectrum With Straight Path Buy Imani Moise / Wall Street Journal : AT&T to Buy Straight Path for $1.25 Billion as It Gobbles Up Spectrum

Fortune Aaron Pressman