The LMDS spectrum has had many days in the sun, but these have been shortlived, but now the prospect of 5G has sparked a goldrush, with Verizon and AT&T racing to secure millimeter wave assets. Both have already acquired fiber providers with significant 28 GHz and 39 GHz holdings (XO and Fibertower, respectively) and now they may engage in a bidding war for another LMDS player, Straight Path. AT&T has announced a deal to acquire Straight Path Communications in an all-stock deal valued at $1.6bn, a 160% premium which reflects the new perceived value of millimeter wave bands (the price includes penalties Straight Path owes the FCC). Virginia-based Straight Path holds 735 licences in the 39 GHz band, and 133…