Verizon won a bidding war for Straight Path, beating out rival AT&T with a more than $3 billion bid Straight Path's spectrum holdings will give its new owner an advantage in 5G network development.

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 ...

Five years ago, a user on the r/MapPorn subreddit posted a map that allegedly illustrates the longest straight path on Earth without hitting land. The route begins in southern Pakistan and ends at ...

Telecom giant Verizon has completed its purchase of wireless spectrum holder Straight Path Communications in a deal that followed an intense, monthlong bidding war between Verizon and rival carrier AT ...

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 ...

Back in 2012, a Reddit user posted a map claiming to show the longest straight line that could be traversed across the ocean without hitting land. Intrigued, a pair of computer scientists have ...

NEW YORK - Verizon Communications (VZ) is buying Straight Path Communications (STRP) for about $3.1 billion, ending a bidding war with AT&T (T) over the wireless licenses company. The all-stock deal ...