MacNN | AT&T buys $1.9 billion in 700MHz B spectrum from Verizon
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
AT&T buys $1.9 billion in 700MHz B spectrum from Verizon
Friday, January 25, 2013 @ 12:42pm

AT&T has bought $1.9 billion in 700 MHz B spectrum from Verizon Wireless, according to a Securities and Exchange Commission filing. AT&T says that the licenses should cover over 42 million people in 18 states: California, Colorado, Florida, Idaho, Illinois, Louisiana, Montana, New Mexico, New York, Ohio, Oklahoma, South Dakota, Tennessee, Texas, Utah, Virginia, Washington and Wyoming. As a part of the deal, it will also get AWS (Advanced Wireless Services) spectrum in five of those markets.



The purchase should allow AT&T some needed expansion of its LTE network. Although the carrier claims to have the US' largest 4G network, in reality much of that 4G is still HSPA+, a type of 3G that operates at 4G-like speeds. LTE is "true" 4G, and has a much higher bandwidth ceiling. Verizon's own network isn't expected to suffer. The company has said it would be willing to jettison extra 700MHz licenses if it was able to buy spectrum from some of its rivals. The newly-sold spectrum also doesn't mesh as well as Verizon's network as it does with AT&T's, making the transaction a natural arrangement. AT&T has said it hopes to bring LTE coverage to 250 million people by the end of 2013, and 300 million towards the end of 2014. The new spectrum purchase must still be approved by regulators; as a result, AT&T only expects it to be completed in the second half of 2013.

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Today's MacNN Stories:

  • US, Canadian Apple Stores to start iPhone 5s screen replacements - 12:56 PM EST
  • Sky Mobile wireless service launches in US on Sprint frequencies - 12:25 PM EST
  • Apple confirms Beats layoffs; 200 people expected to lose jobs - 12:21 PM EST
  • Macphun brings Tonality to photo-editing lineup for B&W images - 12:00 PM EST
  • Researchers: USB firmware exploitable for computer malware install - 11:18 AM EST
  • Apple opens first 'open-air' temp shop in Switzerland's Glattzentrum - 10:55 AM EST
  • Shazam arrives for Mac with always-on detection - 9:24 AM EST
  • Apple environmental chief expanding green power efforts - 12:59 AM EST

    Today's iPodNN Stories:
  • T-Mobile Q2 financials claim $391M profit, 50M total subscribers - 11:47 AM EST
  • AMD ships trio of Kaveri-based desktop processors for system builders - 11:38 AM EST
  • Internet.org app reveals app for Zambia providing free online services - 10:09 AM EST
  • Sony posts rare quarterly profit, 5000 layoffs still coming - 9:51 AM EST
  • Verizon launches LG VG Vista, sapphire-protected Kyocera Brigadier - 8:25 AM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.