AT&T (NYSE:T): Current price $34.01
On Friday, AT&T said in an 8-K that it will purchase spectrum in the 700 MHz B band from Verizon Wireless at $1.9 billion in cash along with a contribution of Advanced Wireless Services spectrum licenses in five markets. The 700 MHz licenses cover 42 million people in 18 states.
Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.