AT&T stock rises after $1.0 billion spectrum deal closes, with earnings next on deck
AT&T closed up 1.3% after disclosing a $1.018 billion deal to buy spectrum assets from Array. The filing named New Cingular Wireless PCS, an AT&T unit, as the buyer. Shares slipped 0.2% after hours. Investors await AT&T’s Jan. 28 earnings for 2026 cash flow and spending guidance.