Short Take: Sprint closes wireless cable deal
Sprint has completed its purchase of American Telecasting, one of several high-speed wireless data companies it is buying to compete with AT&T's new cable TV systems. Sprint will use the company to deliver TV, high-speed Internet, and telephone services in 55 markets around the United States. Plans to acquire four other small "wireless cable" companies are still pending.
Sprint has completed its purchase of American Telecasting, one of several high-speed wireless data companies it is buying to compete with AT&T's new cable TV systems. Sprint will use the company to deliver TV, high-speed Internet, and telephone services in 55 markets around the United States. Plans to acquire four other small "wireless cable" companies are still pending.
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