Biden welcomes Verizon, AT&T agreeing to delay 5G deployment to avert aviation standoff

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Verizon Communications (NYSE:VZ) and AT&T Inc (NYSE:T) said late on Monday they had agreed to a two-week delay in deploying C-Band wireless spectrum, averting an aviation safety standoff that threatened to disrupt flights starting this week.

“We’re grateful to all parties for their cooperation and good faith”, Biden said in a statement on Tuesday.