AT&T Hopes to Acquire NextWave Wireless for Spectrum
AT&T today announced that it has agreed to acquire NextWave Wireless. NextWave wireless holds various spectrum licenses, including some in the AWS 1700MHz band and some in the Wireless Communication Services (WCS) band. The WCS band spectrum is adjacent to satellite radio spectrum and has remained fallow due to interference concerns. AT&T and Sirius XM proposed a work-around to the Federal Communications Commission earlier this year that would alleviate those concerns and open the WCS spectrum up for mobile broadband use. The deal includes two separate $25 million payments to NextWave and a $600 million payout to NextWave's creditors. The total purchase price is $600 million. The deal is subject to federal regulatory approval and AT&T expects the deal to close by the end of the year
T-Mobile Says It Will Start Using 600 MHz Spectrum This Year
"T-Mobile now has the largest swath of unused low-band spectrum in the country," said T-Mobile CEO John Legere about the company's 600 MHz auction winnings. The company successfully won an average of 31 MHz (ranging between 20 MHz and 50 MHz) of the 70 MHz low-band spectrum auctioned off by TV stations and the FCC.
AT&T Targeting Summer Launch for LTE in WCS Spectrum
AT&T plans to begin deploying LTE service in its 2.3GHz WCS spectrum holdings this summer. AT&T acquired some WCS spectrum from NextWave in 2012 and more from Sprint in 2014.
AT&T Finally Using WCS Spectrum for LTE; Will Test LTE-U
AT&T has begun deploying LTE on its 2.3GHz WCS spectrum in a handful of markets around the country. Earlier this year, AT&T said it would begin the deployment by summer, and it is just meeting that commitment.
Verizon and T-Mobile Agree to $173M Spectrum Swap
Verizon Wireless and T-Mobile have agreed to exchange AWS-1 and PCS spectrum in dozens of markets around the country in a deal valued at $173 million. The spectrum in question covers portions of Arkansas, California, Illinois, Indiana, Iowa, Kentucky, Massachusetts, Minnesota, Mississippi, Missouri, Montana, New York, North Dakota, Ohio, Pennsylvania, South Dakota, Tennessee, and Virginia.
AT&T expects the deal to close by the end of the year