Straight Path Communications Inc. has accepted a $3.1 billion bid from Verizon Communications Inc., ending a bidding war with AT&T for the Glen Allen-based company. Straight Path holds a portfolio of ...

The Federal Communications Commission and Verizon have reached a settlement for $614 million -- the largest such penalty ever paid -- stemming from Verizon's acquisition of Straight Path and its ...

After the 5G, 24 GHz and 39 GHz bands AT&T has announced a plan to spend $1.6 billion to Straight Path Communications in an all-stock deal aimed at bulking up… After the 5G, 24 GHz and 39 GHz bands AT ...

Shares of Straight Path Communications Inc. (NYSEMKT: STRP) were up 33% as of 12:00 p.m. EDT Monday following another increased acquisition bid for the wireless spectrum specialist. But today Straight ...

A new suitor for Straight Path Communications has thrown its hat in the ring, topping AT&T's bid by $200 million on Tuesday morning. As carriers double down on their 5G development plans, solution ...

Straight Path is one of the largest holders of 28 GHz and 39 GHz millimeter wave spectrum in the country, which made it an appealing buyout target for AT&T. In a statement, AT&T said the deal “will ...