toggle

AAPL Stock: 131.39 ( + 1.33 )

Printed from http://www.macnn.com

AT&T completes spectrum buy in 18 states, will expand LTE network

updated 05:36 pm EDT, Tue September 10, 2013

42 million people covered by 700 MHz band B purchase

AT&T announced today that it completed its acquisition of wireless spectrum in the lower 700 MHz band B block from Verizon Wireless that it started in January. The acquired licenses cover 42 million people in 18 states -- California, Colorado, Florida, Idaho, Illinois, Louisiana, Montana, New Mexico, New York, Ohio, Oklahoma, South Dakota, Tennessee, Texas, Utah, Virginia, Washington and Wyoming.

AT&T's 4G LTE network currently covers more than 225 million people, with plans to reach nearly 270 million people by the end of 2013, and to complete the majority of the build by summer 2014. AT&T's plans to deploy 4G LTE include the areas covered by this now-completed spectrum deal.

In exchange for the 700 MHz spectrum, AT&T paid $1.9 billion in cash and transferred Advanced Wireless Services (AWS) spectrum licenses in Phoenix, AZ; Los Angeles and Fresno, CA; Albuquerque, NM; and Portland, OR.




by MacNN Staff

POST TOOLS:

TAGS :

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

Notti smart lamp from Witti

Perhaps you've already seen our review of the Dotti LED display from Witti Design. Meet Notti, Dotti's "sibling". Notti is a softb ...

Seagate Personal Cloud (2-Bay)

When it comes to backing up files, many users are now looking to the myriad of cloud storage solutions available. There is no doubt th ...

Leitz Icon Label Printer

When you say the words "label printer" to people, they either just really don't care, or they get incredibly excited. This is one o ...

toggle

Most Commented