FCC Approves AT&T's $1.9 Billion Qualcomm Spectrum Purchase 52
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.'"
Re:So... (Score:5, Funny)
We had concerns (Score:4, Funny)
"We had concerns about AT&T not competing, but when we realized how big the bribes they paid us and our appointing politicians were, we decided to let the deal go ahead anyways"