FCC Restarts Clock on AT&T's 700MHz Spectrum Grab
The Federal Communications Commission today restarted the commission's informal 180-clock concerning AT&T's proposed acquisition of 700MHz spectrum from Qualcomm. The FCC stopped the clock on August 8, pending review of AT&T's proposed acquisition of T-Mobile. Now that AT&T has withdrawn is merger application, the FCC agreed to allow AT&T to purchase the Qualcomm spectrum, and the FCC is restarting the clock effective November 29, 2011. Qualcomm has asked the FCC to hasten the process concerning this spectrum sale, which was first proposed in late 2010. AT&T intends to use the 700MHz spectrum, formerly used for Qualcomm's failed MediaFLO service, to supplement its own 700MHz spectrum and Long Term Evolution network
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