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AT&T's 700MHz wins require $1.3b up front

MacNN

Friday March 21, 2008. 04:05 PM
MacNN

AT&T's gains for wireless space in the FCC 700MHz auction will cost it enough to require a major downpayment, according to a filing by the cellular carrier. The company explains that its new space will demand a $1.3 billion down payment within the next ten days and that it will need to take on a debt load of $5.3 billion to pay for the remaining a...
AT&T
AT&T Read more at MacNN
www.macnn.com/articles/08/03/21/att.700mhz.costs/

 

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