All the latest UK technology news, reviews and analysis


AT&T to splash $1.9bn for spectrum space

26 Jan 2013
broadband-pipe

AT&T has become the latest major telecoms firm to announce a multi-billion dollar purchase of wireless spectrum space.

The company revealed that it would be shelling out some $1.9bn worth of spectrum licences from rival carrier Verizon. The 700mhz B band licences are said to cover areas which include some 42 million Americans.

Among the 18 states covered in the deal are major population centres including California, New York, Texas and Florida. Additionally, the carrier said that it would be purchasing local spectrum licences which cover parts of Los Angeles, Phoenix and Portland. AT&T hopes to extend its coverage to 300 million people by 2014.

As part of the deal, AT&T said that it will be leasing out three of its own licences to a third party, Grain Management. The company said that it expects the deal to be finalised in the second half of the year.

The high prices being paid out in the US come as the UK government launches its auction of spectrum in which two new bands will be offered for use as 4G wireless frequencies.

Verizon recently made headlines when it paid out a staggering $3.6bn for a swath of spectrum space controlled by holding firm SpectrumCo.

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Shaun Nichols
About

Shaun Nichols is the US correspondent for V3.co.uk. He has been with the company since 2006, originally joining as a news intern at the site's San Francisco offices.

More on Mobile Phones
What do you think?
blog comments powered by Disqus
Poll

Tech gifts for Christmas 2014

Is a new tablet on your wish list this festive season, or have they become yesterday’s fad?
11%
22%
14%
7%
46%

Popular Threads

Powered by Disqus
iPhone 6 is available in silver gold and space grey

iPhone 6 video review

The best iOS handset to date

Updating your subscription status Loading
Newsletters

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button
hpv3may

Getting started with virtualisation

Virtualisation can help you reduce costs, improve application availability, and simplify IT
management. However, getting started can be challenging

ibmv3may

Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

IT Support Engineer 1st & 2nd Line

The Role As a fast growing IT Services & Support...

IT Asset Specialist

Mobilisation specialists required….. Nationwide...

Head of Digital

Marketing, Communications & Development - Head...

Network Engineer

FirstCare Ltd are the UK’s largest absence management...
To send to more than one email address, simply separate each address with a comma.