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T-Mobile, MetroPCS, Others Buy Spectrum from NextWave
NextWave Wireless has sold 63% of the spectrum it acquired in 2006's AWS auction for a sum of $150.1 million. ACS Wireless, Atlantic Wireless, MetroPCS and T-Mobile were the buyers of the spectrum, which as mostly located in California, Florida and the New England region. NextWave first announced its intent to sell its wireless spectrum holdings earlier this year, and it said it will continue to pursue sales for the rest of its AWS holdings.
Related news:
NextWave to Sell Its Spectrum
NextWave Spectrum Saga Draws To A Close
Verizon Wireless, metroPCS Win New Spectrum
Supreme Court Hears Nextwave Case
Cricket Launches Its First All-AWS Market
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