Verizon Communications Inc. has topped AT&T Inc.’s offer for Straight Path Communications Inc., according to a person familiar with the matter, sparking a bidding war over a tiny company that controls a swath of wireless airwaves thought to be at the forefront of next-generation networks. Verizon bid $1.8 billion for Straight Path, topping AT&T’s stock bid of $1.6 billion earlier this month. AT&T, which has until next...

Source: Wall Street Journal April 25, 2017 18:56 UTC