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Verizon sells spectrum to AT&T for $1.9 billion

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NEW YORK (AP) — Verizon Wireless said Friday that it's selling space on the airwaves to AT&T Inc. in exchange for $1.9 billion and the transfer of some airwave rights from AT&T. The sale of spectrum rights will let AT&T expand its capacity for wireless broadband in areas that include Chicago, Los Angeles, Miami, Oklahoma City and Cincinnati. In return, it's getting other frequencies in Los...

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