toggle

AAPL Stock: 122.37 ( -0.62 )

Printed from http://www.macnn.com

AT&T, T-Mobile file with the FCC to hand over airwaves

updated 05:20 pm EST, Mon January 23, 2012

ATT fulfills promise to hand over spectrum

AT&T following a promise it made as a condition of its since-dropped takeover of T-Mobile has jointly filed with T-Mobile to transfer some of its wireless spectrum. The deal will give about $1 billion in frequency licenses to T-Mobile in accordance with terms AT&T agreed to in the even the deal failed. T-Mobile is expected to use the space to fill out coverage and overcome a deficit it has relative to other major US carriers.

T-Mobile's senior government affairs VP, Tom Sugrue, hoped the FCC would "move swiftly" to approve the handover.

The one-time $39 billion acquisition of T-Mobile was intended to give AT&T spectrum far faster than through traditional means. It also has unused spectrum of its own, though, and usually in frequencies that would directly help T-Mobile.

AT&T's buyout of T-Mobile failed after the Department of Justice, FCC, public advocacy groups, and other carriers all argued that no amount of concession could overcome the anti-competitive issues behind the deal. Along with the most conspicuous issue of eliminating the only other major GSM carrier in the US, the deal didn't fully address what AT&T would have done with unused spectrum.




by MacNN Staff

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

HP 14-x030nr 14-inch Chromebook

If you're like us, chances are you've come to realize that you need the ability to access the Internet on the go. Also, you've prob ...

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

toggle

Most Commented