23.12.2011 03:35 Uhr, Quelle: Engadget

FCC approves AT&T's $1.9b purchase of Qualcomm's 700MHz spectrum

Christmas has come early to the execs at AT&T, who are likely celebrating the FCC's 3-1 approval to purchase Qualcomm's block of the 700MHz spectrum for $1.9 billion. The news comes as a bittersweet victory for Ma Bell, whose efforts to acquire T-Mobile turned sour earlier this year. Qualcomm's block of the airwaves, once used to facilitate FLO TV, now sits unused. Once the acquisition is complete, AT&T will use the new share of spectrum to increase download capacity for its burgeon

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