AT&T to buy Atlantic Tele-Network's retail ops for $780m

AT&T Inc. agreed to acquire Atlantic Tele-Network Inc.'s retail wireless operations in the U.S. for about $780 million, building up its substantial subscriber base.

The deal includes licenses, network assets, retail stores and about 585,000 subscribers. Atlantic Tele-Network operates under the Alltel name in the U.S. and its network covers about