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Thursday, 04/13/2017 7:21:19 PM

Thursday, April 13, 2017 7:21:19 PM

Post# of 4715
Straight Path Communications (NYSEMKT:STRP) is up 3.6% after hours on a report that Verizon (NYSE:VZ) is considering topping AT&T's (NYSE:T) $1.25B bid for the small spectrum holder.

A Straight Path filing mentions a third party evaluating an offer who today sent a letter to the company about topping AT&T; Reuters reports that's Verizon.

Straight Path is holding prized millimeter-wave spectrum that will be key to 5G networking; both AT&T and Verizon have been conducting trials of the next-gen standard.

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