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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."


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