AT&T never stopped looking for new wireless spectrum. Especially after the purchase T-Mobile debacle, AT&T needed more.<\/p>\n
Today, they got what they’ve been seeking.<\/p>\n
In a deal that could cost upwards of $600 million, AT&T is acquiring spectrum holding company NextWave Wireless.<\/p>\n
According to today’s Business Wire report:<\/p>\n
Under the terms of the agreement, AT&T will acquire all the equity of NextWave for approximately $25 million plus a contingent payment of up to approximately $25 million and, through a separate agreement with NextWave\u2019s debtholders, all of the company\u2019s outstanding debt will be acquired by AT&T or retired by NextWave, for a total of $600 million in cash.<\/p>\n
AT&T will get NextWave’s AWS (Advanced Wireless Services) and WCS (Wireless Communication Services) licenses.<\/p>\n
Those WCS frequencies, in the 700 MHz band, have never really been used for mobile Internet connections ensuring zero interference (to date) with satellite radio transmissions. AT&T has filed a joint agreement with Sirius\/XM at the FCC pledging non-interference.<\/p>\n
Of course, all of this is pending FCC approval.<\/p>\n","protected":false},"excerpt":{"rendered":"
AT&T never stopped looking for new wireless spectrum. Especially after the purchase T-Mobile debacle, AT&T needed more. Today, they got what they’ve been seeking. In a deal that could cost upwards of $600 million, AT&T is acquiring spectrum holding company… <\/p>\n","protected":false},"author":3,"featured_media":249,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.navilon.com\/en\/wp-json\/wp\/v2\/posts\/153"}],"collection":[{"href":"https:\/\/www.navilon.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.navilon.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.navilon.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.navilon.com\/en\/wp-json\/wp\/v2\/comments?post=153"}],"version-history":[{"count":5,"href":"https:\/\/www.navilon.com\/en\/wp-json\/wp\/v2\/posts\/153\/revisions"}],"predecessor-version":[{"id":452,"href":"https:\/\/www.navilon.com\/en\/wp-json\/wp\/v2\/posts\/153\/revisions\/452"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.navilon.com\/en\/wp-json\/wp\/v2\/media\/249"}],"wp:attachment":[{"href":"https:\/\/www.navilon.com\/en\/wp-json\/wp\/v2\/media?parent=153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.navilon.com\/en\/wp-json\/wp\/v2\/categories?post=153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.navilon.com\/en\/wp-json\/wp\/v2\/tags?post=153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}