FCC approves AT&T’s $1.9 billion purchase of wireless airwaves from Qualcomm
https://dervishcom.blogspot.com/2011/12/fcc-approves-at-19-billion-purchase-of.html
The Federal Communications Commission on Thursday approved AT&T's $1.9 billion purchase of wireless airwaves from Qualcomm. The approval provided a much-needed boost for the telecom giant, which this week suffered a rejection of its much bigger bid for T-Mobile.
In a 3 to 1 vote approving the deal, AT&T will acquire airwaves that it will use to bolster its high-speed mobile Internet network, known as its fourth-generation LTE network. AT&T is in a dash to keep up with competitor Verizon Wireless, which has built out its network more quickly and also has been on a spectrum-buying spree to keep up with the Internet demands being created by new smartphones and tablets.
Read full article >>
Rosalind S. Helderman 23 Dec, 2011
Rosalind S. Helderman --
Source: http://feeds.washingtonpost.com/click.phdo?i=21437777a6ad8a05d58f50f1c541393b
~
Manage subscription | Powered by rssforward.com
