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