Forgot your password?
typodupeerror
AT&T Cellphones United States Wireless Networking

FCC Approves AT&T's $1.9 Billion Qualcomm Spectrum Purchase 52

Posted by Soulskill
from the who-needs-tmobile-anyway dept.
An anonymous reader writes "Bloomberg reports that the U.S. Federal Communications Commission has granted approval for AT&T to buy Qualcomm's wireless spectrum licenses for $1.925 billion. The FCC admitted to having some 'competitive concerns' about letting AT&T snap up such a large swath of spectrum licenses, but were satisfied by simply imposing a number of conditions to prohibit interference on neighboring bands. They also said the deal facilitates their goal of 'expanding mobile broadband deployment throughout the country.'"
This discussion has been archived. No new comments can be posted.

FCC Approves AT&T's $1.9 Billion Qualcomm Spectrum Purchase

Comments Filter:
  • So... (Score:4, Insightful)

    by SJHillman (1966756) on Friday December 23, 2011 @01:48PM (#38473270)
    So... what does this mean for consumers? Better AT&T coverage? Cheaper wireless? Somehow I get the feeling the opposite is going to happen...
  • Re:So... (Score:5, Insightful)

    by StikyPad (445176) on Friday December 23, 2011 @02:51PM (#38474088) Homepage

    Frankly the spectrum is why AT&T wanted t-mobile in the first place, and since that deal fell through this is the next best thing for them.

    Frankly I don't think that's true. Spectrum is what they need, but the dominant market position is what they want. The T-Mobile acquisition would have made them the largest carrier overnight for a paltry $30B and given them the spectrum they needed to boot, while this $1B deal gives them spectrum for less than the penalties on the T-Mobile deal falling through. I think it's a clear indication that spectrum was *not* the primary motivation for their attempted buyout, but we all knew that.

We can predict everything, except the future.

Working...