AT&T and Verizon Wireless swap assets, spectrum

AT&T has inked a deal with Verizon Wireless to trade licenses, network assets and subscribers from the two companies'' recent rural carrier acquisitions. AT&T will acquire some of those assets from Verizon Wireless once the company completes its acquisition of Rural Cellular [1]. In turn, Verizon Wireless will acquire some of those assets from AT&T's acquisition of Dobson Communications [2]. Verizon Wireless will also get 10 megahertz of PCS spectrum from AT&T and some cash.

Separately, AT&T has agreed to sell the Cellular One brand to Trilogy Partners.

For more on the deal:
- read this article [3] from Thompson

ALSO: AT&T acquires Edge Wireless. Article [4]