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AT&T acquires Wireless One

NEW YORK-AT&T Wireless Services Inc. said it signed a definitive agreement to acquire the assets of Wireless One Network L.P. for an undisclosed amount.

AT&T said Wireless One’s properties will fill a gap in its Florida footprint. Wireless One owns and operates wireless systems in northwest and southwest Florida under the Cellular One brand name. The company had about 177,000 cellular subscribers at the end of 1999.

Both companies expect the transaction, which was advised by TD Securities and Daniels & Associates, to close in June.

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