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AT&T Files Request With FCC to Transfer $1 Billion in Spectrum to T-Mobile

AT&T Files Request With FCC to Transfer $1 Billion in Spectrum to T-Mobile

Posted January 24, 2012 at 2:07am by iClarified
AT&T has filed a request with the FCC to transfer $1 billion in wireless spectrum to T-Mobile as a result of its failed acquisition last year, according to the WSJ.

AT&T said it would turn over the airwaves, or spectrum, along with $3 billion in cash to T-Mobile parent Deutsche Telekom AG after pulling out of the deal as opposition mounted from the FCC, Justice Department, state attorneys general and rival carriers.

"This additional spectrum will help meet the growing demand for wireless broadband services," said Tom Sugrue, T-Mobile's senior vice president for government affairs, in an emailed statement. "We hope the FCC will move swiftly to approve the license assignments."


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AT&T Files Request With FCC to Transfer $1 Billion in Spectrum to T-Mobile
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Comments (5)
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Catsrules
Catsrules - January 24, 2012 at 6:00pm
Think I am paying some one to much money if they can just throw out 4 Billion. Hopefully it is spectrum att isn't using, Haha don't they still have to pay taxes on that?
dog
dog - January 24, 2012 at 4:36am
Good news for me since I'm on t-mobile. I'm getting tired of Edge on my iPhone 4s....BRING 3G/4G to tmobile!
Aaron Wagman
Aaron Wagman - January 24, 2012 at 3:56am
Wow! AT&T should give their employees more bonuses instead of giving away free shit for nothing!
Giova Malave
Giova Malave - January 24, 2012 at 2:03pm
True!!!!
Buggsy2
Buggsy2 - January 24, 2012 at 3:23am
Wonderful, AT&T can have more cash for CEO bonuses and even worse 3G service.
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