Home / US firm AT&T buys Dobson for US$2.8 billion

US firm AT&T buys Dobson for US$2.8 billion

US telecommunications company AT&T has acquired rural wireless carrier Dobson Communications for US$2.8 billion in a bid to expand its geographical reach.

US telecommunications company AT&T has acquired rural wireless carrier Dobson Communications for US$2.8 billion in a bid to expand its geographical reach.

Dobson Communications markets wireless services under the Cellular One brand and provides roaming services to AT&T.

Its network covers rural and suburban areas across the US.

The deal comes one month after US wireless provider Alltel agreed to a US$25 billion takeover offer from TPG Capital and the buyout arm of Goldman Sachs.

The acquisition is subject to regulatory approval, which AT&T said it aims to get by the end of this year.

Follow us to get the most comprehensive technology news in UAE delivered fresh from our social media accounts on Facebook, Twitter, Youtube, and listen to our Weekly Podcast. Click here to sign up for our weekly newsletter on curated technology news in the Middle East and Worldwide.