$1.93 billion worth of spectrum will be bought by AT&T from Qualcomm to help its own 4G cause
AT&T recently announced it is planning to purchasing spectrum in the lower 700 MHz frequency band from Qualcomm, for the price of $1.925 billion. This spectrum recently belongs to the infamous FLO TV service, which Qualcomm plans to completely shut down by March 2011. The bands cover more than 300 million people In the U.S., of which 70 million subscribers are in the large metro areas of New York, Boston, Philadelphia, Los Angeles and San Francisco.
21 Jan 2011
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