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Verizon Wireless has signed a definitive agreement to acquire 10 MHz PCS licenses from American Wireless License Group LLC covering the Arkansas Basic Trading Areas (BTAs) of Little Rock and Pine Bluff, for $7.75 million in cash.

Verizon Wireless has signed a definitive agreement to acquire 10 MHz PCS licenses from American Wireless License Group LLC covering the Arkansas Basic Trading Areas (BTAs) of Little Rock and Pine Bluff, for $7.75 million in cash. The company said it would use the radio spectrum to expand its network presence substantially in the state. The total population covered by the licenses is more than 1.1 million. Major highways covered by the footprint include Interstates 40 and 30.
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Title Annotation:Business Briefs
Publication:Arkansas Business
Date:Jan 5, 2004
Words:80
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