toggle

AAPL Stock: 113.29 ( 0 )

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

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented