Tuesday, April 04, 2006

Dobson Cellular Expands in Alaska with $2M in New Spectrum

Via RCR Wireless News:

Dobson Cellular Systems Inc. announced it purchased 25 megahertz of spectrum in the 850 MHz band in Kodiak and Nome, Alaska, for $2 million. The carrier’s stock was up slightly on the news to around $8 per share.

Dobson said it bought the assets in Kodiak from New Horizons Telecom Inc. and Kodiak Electric Association Inc., and the assets in Nome from Sitnasuak Native Corp. and SNC Telecommunications Inc.

More here.

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