DALLAS--(BUSINESS WIRE)--AT&T* introduced today it has gotten all needed regulating home loan approvals for AT&T's purchase of spectrum from Qualcomm. AT&T is buying 700 MHz spectrum licenses covering a lot more than 300 million people for roughly $1.9 billion.
"This spectrum can help AT&T still deliver a global-class special broadband experience to the clients," stated Bob Quinn, senior v . p .-Federal Regulating, AT&T. "We appreciate the FCC Chairman, the Commissioners as well as their staff for finishing its review prior to the holidays.
"As spectrum may be the center from the U.S. wireless industry, we're pleased the FCC didn't lessen the spectrum screen, however, we still believe any changes towards the process through which it's allotted ought to be susceptible to open and transparent public discussion and obvious to everybody with an intention in making certain the healthiness of our industry."
The businesses be prepared to close the transaction within the future.
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