AT&T to Acquire Straight Path for 5G Spectrum
AT&T has agreed to acquire Straight Path in an all-stock deal worth about $1.6 billion. Straight Path has significant spectrum holdings in the 28 GHz and 39 GHz millimeter wave bands, which will be put to use by some 5G technologies down the road. The transaction has been approved by both companies, but it will require a thumbs up from the FCC. AT&T and Straight Path expect the deal to close in about 12 months.
Kyocera 'Waves' Hello to T-Mobile and MetroPCS
Jul 22, 2015
Kyocera today announced the Hydro Wave, its newest Android handset for T-Mobile and MetroPCS. The Hydro Wave has an IP57 rating for protection against water/dust ingress and meets mil-spec 810G for resistance to abuse.
Verizon Outbids AT&T for Straight Path
May 11, 2017
Verizon Communications has won a bidding war for Straight Path Communications. AT&T announced plans to acquire Straight path for $1.6 billion last month.
Straight Path to Pay FCC $100M for Squatting On 5G Spectrum
Jan 12, 2017
The FCC has fined Straight Path Communications $100 million for failing to deploy wireless service in accordance with spectrum license requirements. Straight Path is sitting on approximately 1,000 licenses for spectrum in the 39 GHz band, which will eventually be used for 5G.
CTIA, CCA Want All Millimeter Spectrum Bands Auctioned Off Together
May 14, 2018
Two of the country's largest wireless lobbying organizations have asked the FCC to consider auctioning off the 37, 39, and 42 GHz bands at the same time it auctions off the 24 GHz band. The agency believes the 24 GHz band is prime real estate for forthcoming 5G service, and it has a loose schedule for that auction.