Financial Times FT.com

AT&T in $5.1bn rural wireless deal

By James Politi in New York

Published: June 30 2007 00:00 | Last updated: June 30 2007 00:00

AT&T, the largest US telecoms group, on Friday struck a deal to buy Dobson Communications, a rural wireless carrier based in Oklahoma, for $5.1bn including debt.

The acquisition comes a few weeks after Edward Whitacre, the long-time chief executive who engineered a string of large takeovers for AT&T, was replaced in that role by Randall Stephenson.

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