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AT&T Offloads Spectrum to Clearwire

Feb 20, 2007, 2:50 PM by (staff)

In a deal worth $300 million, AT&T will sell its 2.5 GHz spectrum holdings to wireless broadband provider Clearwire. Clearwire will use the spectrum to increase its WiMAX broadband Internet and VoIP offerings. The deal was necessitated in part by the AT&T-BellSouth merger. The spectrum includes the Education Broadband Service (EBS) and Broadband Radio Service (BRS) allotments. EBS is reserved for educational institutions and BRS is for commercial high-speed broadband services. Clearwire also announced plans to sell 20 million shares of stock in its IPO later this year, which it hopes will raise $500 million.

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Comments

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Jonathanlc2005

Feb 20, 2007, 10:12 PM

should have given it to sprint

or wait... at&t has something to compete against sprint wimax? 🤣

HEKNOWS

here we go with sprint; its sucks man so what sprint about 2 realesed wimax where there custs at! remember verizon and cingular have more cust its not because they name sound cool so i give sprint about 10 more years before they go on sale and veriz...
(continues)

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muchdrama

Jonathanlc2005 said:
or wait... at&t has something to compete against sprint wimax? 🤣

I'm pretty sure Sprint has all the 2.5ghz spectrum they need.

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