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Industry: Email Alert RSS FeedAT&T acquires B Block spectrum in 700 MHz FCC auction
Telecomworldwire, April 4, 2008
TELECOMWORLDWIRE-4 April 2008-AT&T acquires B Block spectrum in 700 MHz FCC auction(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
US communications holding company AT&T Inc (NYSE: T) announced on Thursday (3 April) that the company has acquired prime B Block spectrum in the US Federal Communications Commission's (FCC) 700 MHz FCC auction.
With this acquisition AT&T's spectrum holdings position, along with the acquisition of Aloha Partners, reportedly gives the company capacity to meet customer needs as it moves to higher-speed 4G services.
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AT&T said that upon final award of the auctioned B Block spectrum, AT&T's 700 MHz spectrum will cover 100% of the top 200 markets and 87% of the US population.
Financial details of the acquisition were not available.
((Comments on this story may be sent to tww.feedback@m2.com))
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