AT&T and Verizon finalize Rural Cellular / Dobson asset swap

Darren Murph
D. Murph|12.23.08

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AT&T and Verizon finalize Rural Cellular / Dobson asset swap
Way back in autumn of last year, AT&T agreed to give up seven markets in its Dobson Communications buy in order to get the all-important FCC stamp of approval; just a few months ago, Verizon Wireless was forced to sell licenses in six markets in order to improve competition in the Rural Cellular markets that it was acquiring. Now, that whole nightmare of red tape has been all wrapped up, as suits and cube dwellers no doubt frantically tried to tie up loose ends before the New Year that should've been knotted weeks ago. Essentially, the deal means that AT&T Mobility has acquired some former Rural Cellular properties previously acquired by Verizon Wireless, while VZW has acquired from AT&T Mobility some former Dobson Communications properties. All the nitty-gritty details are in the read link below should you care to venture down.

[Via phonescoop]

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