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FCC Approves Sale of Nationwide Spectrum to AT&T

by technomensch / February 5, 2008 3:45 AM PST

AT&T wins, the cellular world as we know it ends.

"The U.S. Federal Communications Commission has approved the purchase by AT&T of 12MHz of wireless spectrum that covers 60 percent of the U.S.

AT&T bought the spectrum from Aloha Spectrum Holdings. The spectrum, in the highly coveted 700MHz band, covers 196 million of the 303 million U.S. residents and includes 72 of the top 100 media markets in the country. Aloha acquired the spectrum in earlier FCC auctions and from other auction winners. This portion of the 700MHz spectrum is not part of the FCC auction now in progress."

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by technomensch / February 5, 2008 3:47 AM PST

forgot to mention, this is Marc K. in Coral Springs, FL

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Which Block is This?
by PressAnyKey / February 5, 2008 5:01 AM PST

I thought this auction would go on a while longer...

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Not an Auction but a Sale
by nutjob / February 5, 2008 5:27 AM PST
In reply to: Which Block is This?
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Already in Dailed In (you know the phone area)
by nutjob / February 5, 2008 5:25 AM PST
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$2.5 Billion? Can't be the Block We Want Google to Win...
by PressAnyKey / February 5, 2008 5:32 AM PST

I think the reserve price for the block we care about is $4.6 billion. Am I mis-informed on this issue?

Collapse - - how shall we make lemonade from this lemon?...
by shawnlin / February 5, 2008 9:19 AM PST

I's sooooo pungent there's gotta be some way to make lemonade from this...

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