AT&T completes acquisition of Qualcomm's FLO TV spectrum

It's only been five days since it's gotten the official go ahead, but AT&T's wasted no time in completing its acquisition of a swath of 700MHz spectrum from Qualcomm. Those airwaves, which formerly powered FLO TV, were purchased for a cool $1.9 billion and will now be repurposed to bolster Ma Bell's LTE network. It might not have been everything the carrier had hoped for, but additional spectrum is better than none, right? Possibly the shortest press release you'll ever see awaits after the break.

Continue reading AT&T completes acquisition of Qualcomm's FLO TV spectrum

AT&T completes acquisition of Qualcomm's FLO TV spectrum originally appeared on Engadget on Tue, 27 Dec 2011 14:49:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2011/12/27/atandt-completes-acquisition-of-qualcomms-flo-tv-spectrum/

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