Posts Tagged ‘700MHz’
Verizon has actually made a number of fix smaller carriers lately to unload its 700MHz spectrum, and it’s now struck a handle a big one. AT&T revealed today that it’s buying a big swath of spectrum in the 700 MHz B band from Verizon for $ 1.9 billion in cash and AWS spectrum licenses. That spectrum covers some 42 million individuals throughout 18 states, consisting of some locations that aren’t currently covered by AT&T. Expectedly, the switchover won’t occur overnight– AT&T expects the deal to close at some point in the second half of 2013, assuming it gains the needed regulatory approval. You could find the full list of states covered by the spectrum in journalism release after the break.
AT&T Agrees to Acquire 700 MHz Spectrum from Verizon Wireless
Dallas, Texas, January 25, 2013
AT&T \* announced in an 8-K declaring today that it has actually accepted obtain spectrum in the 700 MHz B band from Verizon Wireless for $ 1.9 billion in money and Advanced Wireless Solutions (AWS) spectrum licenses in numerous markets, consisting of Phoenix, Ariz., Los Angeles and Fresno, Calif. and Portland, Ore.
. The 700 MHz licenses to be obtained by AT&T cover 42 million individuals in 18 states – California, Colorado, Florida, Idaho, Illinois, Louisiana, Montana, New Mexico, New york city, Ohio, Oklahoma, South Dakota, Tennessee, Texas, Utah, Virginia, Washington and Wyoming.
This acquisition matches AT&T’s existing holdings in the 700 MHz B band and will allow AT&T to continue to rapidly deploy 4G LTE services to satisfy need for mobile Net services on a large array of smartphones, tablets and other gadgets. The company announced in November 2012 that it plans to reach 300 million individuals in the U.S. with its 4G LTE network by the end of 2014.
In combination with this deal, AT&T will offer to Grain Management a solitary AWS license and will lease 700 MHz spectrum from Grain Management in three markets.
The transaction goes through regulatory approval. AT&T anticipates closing the transaction in the second half of 2013.
\* AT&T services and products are offered or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
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According to FCC filings, Qualcomm is developing a chip that could resolve interoperability problems on the 700MHz spectrum band, but the issue isn’t fixed yet. The 700MHz block is currently used by AT&T, Verizon, and smaller US carriers, but they operate on different blocks, and regional carriers have complained about not being able to get hardware that operates on their bands or being unable to let their phones roam on larger networks. A new chip apparently being sped through development by Qualcomm, however, could solve these problems. In the filing, Qualcomm said its chip could be configured by manufacturers to work on a carrier’s normal band but roam on a different one. At the same time, it says there are “significant device…
Last month Verizon announced that it would be willing to sell off its unused 700MHz spectrum licenses — if the government agreed to approve its purchase of $ 3.6 billion worth of spectrum from several cable companies. US Cellular appears to be interested, with the company’s CEO Mary Dillon recently meeting with FCC Chairman Julius Genachowski to discuss the matter, while also pushing the FCC to take a stance in ensuring interoperability between 700MHz networks. According to a follow-up letter sent after the meeting, US Cellular stated that it could greatly help LTE devices running in band class 12 — one of four band classes used within the 700MHz spectrum — but that it didn’t need to do the heavy lifting itself. A purchase of the…
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Public safety agencies in the US have been pushing for some time to have the so-called ‘D Block’ portion of the 700MHz wireless spectrum all to themselves, and it looks like they can now officially count on the support of the White House in that effort. The Obama administration announced today that it’s backing plans to reserve the airwaves — estimated to be worth $ 3 billion if they were auctioned off — for a new national public safety network, and it also plans to ask Congress to approve the additional spending needed to actually build out the network, which the FCC estimates could cost as much as $ 15 billion. As The Wall Street Journal notes, the fate of the proposed network is now largely in the hands of House Republicans, who remain divided on the plan — although some key members have come out in support of it in recent days.