AT&T buys FLO TV for $1.9 billion
ShareAT&T [NYSE:T] acquires the wireless spectrum underlying FLO TV from Qualcomm [NASDAQ: QCOM] for $1.92 billion. The spectrum is in the Lower 700 MHz frequency band and spans more than 300 million consumers across the U.S. AT&T has plans to deploy this new spectrum to supplement their 4G mobile broadband network rollout, leveraging the additional [...]
Wednesday, December 29, 2010
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