FCC links review of AT&T deals with T-Mobile, Qualcomm

News Wireless United States 9 AUG 2011
FCC links review of AT&T deals with T-Mobile, Qualcomm
The FCC has decided to combine its investigations of AT&T's proposed takeover of T-Mobile USA and the operator's spectrum deal with Qualcomm. The FCC confirmed the move in a letter to AT&T and Qualcomm posted on its website. Consumer and public interest groups had been pushing for the FCC to combine the investigations, as both deals will substantially increase AT&T's spectrum holdings. Qualcomm agreed in December 2010 to sell its 700MHz band frequencies in the US to AT&T for USD 1.925 billion. The spectrum previously used for the Flo mobile TV service would support AT&T's launch of LTE services. The companies had expected to close the transaction in the second half of 2011.

Categories:

Mobile

Companies:

Qualcomm,  FCC,  T-Mobile USA

Countries:

United States

Tags:

Government telecommunications licensing, Regulations, Wireless, Wholesale, M&A buyouts & divestments

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