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AT&T Completes Successful Bids for Prime B Block Spectrum in FCC Auction

Posted on: Friday, 21 March 2008, 12:00 CDT

AT&T has completed successful bids for prime B Block spectrum in the FCC auction. Combined with the Aloha Partners transaction, which closed earlier this year, AT&T has supplemented its holding of spectrum and continues to have a leading spectrum position in the industry.

Upon final award of this spectrum, the company's 700 MHz spectrum will cover 100% of the top 200 markets. Combined with the spectrum previously purchased in the AWS auction, AT&T will have spectrum available for new services covering 95% of the US population.

Ralph Vega, president and CEO of AT&T's wireless unit, said: "AT&T's strong spectrum holdings position the company to further enhance the quality and reliability of existing wireless broadband and voice services, and to set the foundation for new-generation wireless broadband technologies and services."


Source: Datamonitor

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