(Reuters) - NEW YORK, June 29 - U.S. telecommunications
company AT&T Inc. said on Friday it will buy rural
wireless carrier Dobson Communications Corp. for $2.8
billion in cash to expand its reach in rural and suburban
markets.
The deal comes a month after the top U.S. rural wireless
provider, Alltel Corp. accepted a $25 billion takeover
offer from TPG Capital and the buyout arm of Goldman Sachs, the
largest private equity deal for the telecommunications
industry.
Read more at Reuters.com Mergers News
company AT&T Inc. said on Friday it will buy rural
wireless carrier Dobson Communications Corp. for $2.8
billion in cash to expand its reach in rural and suburban
markets.
The deal comes a month after the top U.S. rural wireless
provider, Alltel Corp. accepted a $25 billion takeover
offer from TPG Capital and the buyout arm of Goldman Sachs, the
largest private equity deal for the telecommunications
industry.
Read more at Reuters.com Mergers News
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