ATT’s New Verizon Customers: $1,500 Each

From MDN: AT&T to buy Verizon’s 1.5-million rural territories customers for $2.35-billion.

AT&T today announced a definitive agreement to acquire wireless assets from Verizon Wireless for $2.35 billion in cash. Under terms of the agreement, AT&T will acquire wireless properties, including licenses, network assets and 1.5 million current subscribers in 79 service areas, primarily in rural areas across 18 states.

That works out to over $1,500 per customer.

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