Thursday, August 11, 2011

FCC halts AT&T's acquisition of Qualcomm spectrum, bundles it with T-Mobile merger review

AT&T's LTE spectrum acquisitions just hit a minor bump in the federal road. In a recently released FCC statement, Wireless Bureau chief Rick Kaplan announced the decision to stop the 180 day review clock on the telco's proposed takeover of Qualcomm's 700MHz spectrum. The $1.9 billion deal, inked last December, isn't getting the regulatory axe, but due to a "number of related issues" concerning spectrum overlap with the still unapproved T-Mobile merger, the commission is bundling the two into one future review. Maybe it's time the carrier's industry backers pen another letter of support to Chairman Genachowski.

Update: Qualcomm's VP of Government Affairs, Dean Brenner reached out to us with an official statement you can read after the break.

Continue reading FCC halts AT&T's acquisition of Qualcomm spectrum, bundles it with T-Mobile merger review

FCC halts AT&T's acquisition of Qualcomm spectrum, bundles it with T-Mobile merger review originally appeared on Engadget on Tue, 09 Aug 2011 11:37:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2011/08/09/fcc-halts-atandts-acquisition-of-qualcomm-spectrum-bundles-it-wi/

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