AT&T gets go-ahead from FCC to buy Qualcomm spectrum

12/22/2011 | Washington Post, The · Multichannel News

The Federal Communications Commission on Thursday signed off on AT&T's $1.93 billion spectrum acquisition from Qualcomm. The FCC put certain conditions on the deal, citing the spectrum transfer's potential negative impact on rivals. AT&T cannot "impede actual and potential competitors' operation" on neighboring spectrum for broadband or deploy the spectrum "in a way that deprives other providers of the benefits" of the agency's roaming rules. The FCC's go-ahead for the spectrum sale comes just days after AT&T announced it was pulling out of a $39 billion merger with T-Mobile USA because of the FCC's antitrust concerns.

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Washington Post, The · Multichannel News

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