Verizon Wins Straight Path for $3.1 Billion

Verizon Communications Inc. won a protracted bidding war with AT&T Inc. for Straight Path Communications Inc., a tiny company that controls a vast swath of airwaves considered vital for the fifth generation of wireless services, or 5G. Bloomberg's Alex Sherman reports on "Bloomberg Markets." (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (05/24)
14:54 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Francisco Blanch, head of global commodities research at Bank of America Merrill Lynch, and Rep. Diane Black, chairman of the House Budget Committee. (Source: Bloomberg)
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