Printed from http://www.electronista.com

FCC approves AT&T's buyout of rural Verizon licenses

updated 09:30 pm EDT, Tue June 22, 2010

FCC says ATT buyout of Verizon space competitive

The FCC today greenlit AT&T's nearly $2.4 billion buyout of some Verizon wireless spectrum. A unanimous vote by all five commissioners ruled that the buyout, prompted by an FCC requirement that Verizon sell 79 of its frequency holdings after acquiring Alltel, didn't pose a competitive risk. It argued in turn that there were "public interest benefits" to AT&T taking over the discarded frequencies.

To complete the deal, AT&T has had to make certain guarantees, including honoring Verizon's earlier roaming deals where possible and making new ones of its own for its primarily GSM-based network. An unspecified number of customers will now belong to AT&T as part of the swap.

Obtaining the space could improve AT&T's coverage, primarily in rural parts of the US. Most of the new wireless spaces focus on the southwest, such as Arizona, New Mexico, Nevada and Utah, but also parts of the north and east, including the Dakotas, Michigan, Minnesota, Virginia and Wyoming. The carrier plans to give 3G service to all of the newly available areas and expects these to get the iPhone and the rest of AT&T's mobile catalog.



By Electronista Staff
toggle

Comments

  1. Fast iBook

    Fresh-Faced Recruit

    Joined: Mar 2003

    -1

    Nice.

    Very nice.

    - A

Login Here

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

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Life n Soul 8 Driver Bluetooth headphones

When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

Tesoro Tizona G2N Elite gaming keyboard

The market for gaming keyboards is getting crowded, starting off with some fairly simple keyboards and diverging into the land of modu ...

GX Gaming DeathTaker mouse

Gaming is a serious endeavor for many people, driving them to look for the best performance in their system and interface devices. Fro ...

Sponsor

toggle

Most Commented

 
toggle

Popular News