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.
ITU Inches Closer to Defining 5G Spectrum
The International Telecommunications Union recently concluded the World Radiocommunication Conference 2015 (WRC-15) and moved forward several initiatives meant to allocate spectrum for mobile broadband. The conference, which recorded some 3,300 attendees, covered more than 40 topics across the gambit of wireless services.
Sprint's WiMax Shutdown May Halt Service for Charities
Sprint plans to deactivate its WiMax network on Nov. 6, but some charities say the change will eliminate internet service for some 300,000 Americans altogether.
Masayoshi Son Would Consider Selling Sprint Spectrum
SoftBank CEO and Sprint Chairman Masayoshi Son indicated he'd be willing to sell some of the company's 2.5GHz spectrum assets to keep Sprint funded. Sprint gained a massive amount of 2.5GHz spectrum holdings when it purchased Clearwire.
Verizon Plans to Use 5G for Residential Broadband In 2018
Verizon Wireless today said it will launch 5G service next year in up to five markets around the country. Rather than provide wireless service, however, the 5G will be offered to residential customers as an alternative to copper or fiber for in-home broadband.
should have given it to sprint
or wait... at&t has something to compete against sprint wimax?
I'm pretty sure Sprint has all the 2.5ghz spectrum they need.