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