AT&T Acquires NextWave Wireless
- August 2, 2012
August 2, 2012 – AT&T announced the acquisition of NextWave Wireless. Under the terms of the agreement, AT&T will acquire the equity of NextWave for approximately $25 million plus an additional contingent payment of up to approximately $25 million. Further, all of the company’s outstanding debt will be acquired by AT&T or retired by NextWave, for a total of $600 million in cash.
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