FCC Stops Clock on AT&T's Alltel Buy
The Federal Communications Commission today stopped the unofficial 180-day shot clock on its review of AT&T's proposed purchased of Atlantic Tele-Network's Alltel assets. The deal, first proposed earlier this year, would give AT&T wireless spectrum licenses in the 700, 850, and 1900MHz bands, network assets, retail stores, and 585,000 subscribers. According to the FCC, AT&T has not adequately explained how it will transition the Alltel customers from Alltel's service to its own. Without that information, the FCC cannot complete its review. The FCC says the review was on Day 175 out of 180. Verizon Wireless was forced to divest some of Alltel's assets when it purchased the company in 2008. Atlantic Tele-Network picked up some of the assets and continued to run them under the Alltel name. AT&T agreed to pay Atlantic Tele-Network $780 million for the spectrum licenses, assets, and customers. AT&T's Jim Ciccone, EVP of External and Legislative Affairs, said in a statement posted to ATYT's web site, "AT&T is ready, willing and able to make significant network investments in these rural territories to bring HSPA+ and LTE services to Allied’s customers, an investment that will not occur but for this transaction. AT&T has actively worked to address FCC concerns and will continue to work with the Commission until all issues are resolved."
C Spire Looking to Nab 700MHz Spectrum
C Spire Wireless is hoping to buy some Lower 700 MHz C Block spectrum from Waller Wireless. The companies recently filed the request with the FCC.
FCC Greenlights AT&T Spectrum Deal
The FCC has approved AT&T's request to purchase two Cellular A Block licenses and microwave point-to-point spectrum from Cellular Properties Inc. The spectrum covers 11 counties and parts of two Cellular Market Areas in Illinois.
AT&T Hopes to Score Spectrum from Cellular Properties
AT&T recently filed paperwork with the FCC seeking permission to buy some Cellular A Block and microwave point-to-point spectrum from Cellular Properties Inc. The spectrum in question covers 11 counties and parts of two Cellular Market Areas in Illinois.
T-Mobile Trying to Block AT&T's 700 MHz Purchase
T-Mobile has filed a petition with the FCC in an attempt to prevent AT&T from purchasing select 700 MHz spectrum licenses. AT&T filed a request to transfer the licenses, which cover portions of Kentucky, Ohio, and West Virginia, last month.
Sprint to Sell Certain Network Assets for $2.2 Billion
Sprint has agreed to sell select network assets to a company called Network LeaseCo and then lease back those assets for an unspecified sum. The move is meant to boost Sprint's cash position and will eventually add $2.2 billion to the company's coffers.