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AT&T Unveils $14B Infrastructure Plan; Raises Dividend

AT&T Inc. said it plans to invest $14 billion over the next three years to significantly expand its wireless and wireline IP broadband networks, dubbed Project Velocity IP, in an effort to support increased customer demand for high-speed Internet.

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AT&T Agrees to Acquire Nextwave as Part of Spectrum Strategy

AT&T Inc. (T) agreed to acquire Nextwave Wireless Inc. (WAVE), a wireless technology firm that manages and maintains wireless spectrum licenses, for up to $50 million plus the repurchase of debt from bondholders. Nextwave shares soared to $1.25 in recent trading from Wednesday’s close of 25 cents.

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AT&T Unveils Shared Wireless-Data Plans

AT&T Inc. unveiled the details of its long-awaited new wireless-data plan structure, which allows customers to share data among multiple users and devices, but users won’t be required to adopt the new options.