AT&T stock nudges up after $1.02 billion spectrum deal closes as earnings loom
AT&T completed a $1.018 billion cash deal to acquire spectrum licenses from Array Digital Infrastructure, according to an SEC filing. AT&T shares rose about 0.3% in afternoon trading, while Verizon and T-Mobile slipped. Bernstein named AT&T its top U.S. telecom pick for 2026 despite rising price competition.