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Provider: ValuEngine, Inc.
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AT&T Inc Receives FCC Approval For Acquisition Of NextWave Wireless, Other WCS Transactions
AT&T Inc announced that the FCC has approved AT&T`s pending acquisition of NextWave Wireless and other pending WCS spectrum acquisitions. The FCC previously approved a joint proposal from AT&T and Sirius XM that permits deployment of mobile broadband service in the WCS band. AT&T intends to deploy WCS spectrum for added 4G LTE capacity in approximately three years. AT&T now expects the NextWave transaction will close during the first quarter of 2013. Other terms and conditions were not disclosed.
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