AT&T Ponies Up $650 Million To Acquire NextWave Wireless
AT&T is paying $650 million to acquire wireless spectrum license specialist NextWave Wireless, a move that could help AT&T open up more wireless spectrum for mobile data usage.
NextWave manages and maintains wireless spectrum licenses in the 2.3GHz Wireless Communication Services (WCS) and Advanced Wireless Service (AWS) bands.
AT&T has been lobbying regulators to allow the use of the WCS spectrum for mobile Internet service, which AT&T described as "much-needed new spectrum capacity."
Next Slide >
