Verizon launches billion-dollar bidding war with AT&T for 5G spectrum
April 25, 2017 at 15:14 PM EDT
Verizon Communications Inc. has topped AT&T Inc.’s offer for Straight Path Communications Inc., according to a person familiar with the matter, sparking a bidding war over a tiny company that controls a swath of wireless airwaves thought to be at the forefront of next-generation networks.