AT&T gets feds' OK to buy Qualcomm spectrum
For AT&T, it's been a week of lose some, win some.
The wireless carrier said late Thursday that it now has the green light from the Federal Communications Commission to acquire 700MHz licenses from Qualcomm, in a deal valued at $1.9 billion. The companies expect to complete the transaction, which was originally announced a year ago, "in the coming days," AT&T said.
"This spectrum will help AT&T continue to deliver a world-class mobile broadband experience to our customers," said Bob Quinn, AT&T's senior vice president … Read more