FCC Approves AT&T Spectrum Buys from Comcast, NextWave Wireless
By Craig Galbraith
December 19, 2012 - News
Comments

The Federal Communications Commission has approved a handful of spectrum acquisitions proposed by AT&T that the carrier hopes will help it better compete with rival Verizon Wireless.

Among them is AT&T's acquisition of San Diego-based NextWave Wireless for $600 million. Most of that amount pays off NexWave's debt. The former Ma Bell is also getting under-used spectrum from Comcast, Horizon Wi-Com and the San Diego Gas & Electric Co. AT&T expects to put its newly acquired assets into use as soon as 2015.

These are just four of two-dozen spectrum deals proposed by AT&T in 2012. America's second-largest U.S. wireless operator is behind Verizon Wireless both in terms of subscriber numbers and the amount of airwaves it has accumulated.

Smartphones and other mobile devices put a strain on carrier networks and impact the amount of traffic they can carry. AT&T and other wireless companies argue that more spectrum will help them offer better, faster services. This FCC order in particular cites how the transfer will boost high-speed mobile Internet on AT&T's network.

Comments
comments powered by Disqus
Related News
News
Wolfe now offers 100 gigabit speed Internet and Ethernet service to the Las Vegas area.
News
In addition, the company named longstanding New York telecom executive Carl Bonitz as its vice
Craig Galbraith
News
The communications giant will be able to deliver its network pilot to residential and small
Daniel Santa Cruz