AT&T receives approval for spectrum acquisition

23 Dec 2011

AT&T has received approval from US regulators for the purchase of spectrum in the 1700MHz band worth USD1.93 billion. The decision comes days after AT&T was forced to abandon its pursuit of T-Mobile USA, and the acquisition of the airwaves is seen as being vital if the cellco is to develop its mobile broadband coverage. AT&T agreed to purchase the frequencies in December 2010, which Qualcomm first acquired for a mobile television service it later closed.