Printed from http://www.electronista.com

Microsoft co-founder sells wireless licenses to AT&T

updated 03:50 pm EDT, Thu September 17, 2009

AT&T purchases assets for 4G LTE in Pacific NW

Microsoft co-founder Paul Allen has made a deal with AT&T to sell the carrier several licenses for wireless spectrum in the Pacific Northwest, according to Bloomberg. The deal was exposed in government documents, although the agreed price has not been disclosed by either party.

The 24 licenses are currently owned by Vulcan Spectrum, which is a division of Allen's investment company. Vulcan controls a variety of other investments ranging from the bankrupt Charter Communications cable company to several sports teams and museums.

AT&T is reportedly attempting to acquire the C-block portion of the airwaves, which had been used for UHF television before the digital transition. The carrier will utilize the licenses for developing a 4G long-term evolution (LTE) network within Washington and Oregon, including the large cities of Portland and Seattle.

Although both sides appear to have agreed on a price, the sale still awaits approval from the FCC.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Crucial MX100 256GB SATA-3 SSD

While the price-per-gigabyte ratio for magnetic platter-based hard drives can't be beat, the speed that a SSD brings to the table for ...

Narrative Clip

With the advent of social media technology, people have been searching for new ways to share the events of their daily lives -- be it ...

Blue's Mikey Digital

Blue Microphones, a company that makes some of the most popular digital USB microphones among podcasters and musicians, has for some t ...

Sponsor

toggle

Most Commented

 
toggle

Popular News