OKLAHOMA CITY-Dobson Communications Corp. and AT&T Wireless Services Inc. completed their exchange of wireless properties in California and Alaska, which included AT&T Wireless transferring its ownership in the Anchorage metropolitan statistical area and the Alaska rural service area 2 to Dobson in exchange for Dobson’s ownership in the Santa Cruz, Calif., MSA and California RSA 4 markets.
In addition to the market swap, AT&T Wireless transferred the Dobson Series AA preferred stock it held to Dobson, which Dobson said it will cancel.