Cingular, Nextwave Agree on Spectrum Purchase
Aug 5, 2003, 10:07 AM by (staff)
Cingular Wireless and NextWave Telecom today officially announced an agreement for Cingular to purchase PCS wireless licenses from NextWave covering 34 markets, for $1.4 billion. The licenses primarily cover markets where the company already offers wireless service, and will be used to add much-needed capacity. The licenses will also enable Cingular to launch service in a handful of new markets, including Portland, Oregon; Salt Lake City, and El Paso. The transaction is subject to court and regulatory approval.
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.
T-Mobile and Verizon Agree to Another Spectrum Swap
T-Mobile and Verizon Wireless have petitioned the FCC for permission to swap AWS and PCS spectrum licenses in 92 counties and/or 41 Cellular Market Areas around the country. The companies propose to switch spectrum licenses, but not cellular assets or customers.
AT&T and T-Mobile to Swap Some Spectrum
AT&T and T-Mobile have agreed to exchange some PCS and AWS-1 spectrum licenses in a handful of markets. The carriers said identical amounts of spectrum are being traded, so each carrier's spectrum position will remain unchanged in the covered markets.
T-Mobile Snags A Bit More 700MHz Spectrum
T-Mobile recently asked the FCC for permission to buy spectrum licenses from Actel, a company owned by CenturyLink. The deal includes 13 licenses that cover various small cities in portions of Alabama, Arkansas, Colorado, Florida, Georgia, Louisiana, Michigan, Missouri, Montana, New Mexico, and Oklahoma.