AT&T Announces Purchase of Edge Wireless

AT&T has announced that it has entered into a definitive agreement (though an affiliate) to acquire full ownership in Edge Wireless, a regional wireless company with approximately 172,000 subscribers that operates in several markets in the Pacific Northwest.

Under the terms of the agreement, AT&T, which has held a minority ownership interest since Edge Wireless' inception in 2000, will acquire the remaining 64.3 percent of the company.

The addition of Edge Wireless' GSM network will complement AT&T's existing GSM networks in Northern California, Oregon, Idaho and Wyoming. AT&T customers will enjoy broader in-network coverage in these areas, and Edge Wireless customers will gain access to AT&T's full portfolio of products and services.

The transaction is contingent upon regulatory approval and is expected to close by mid-2008.

Posted to the site on 4th December 2007