FCC Approves Sale of Nationwide Spectrum to AT&T

From Yahoo! News: AT&T has a green light to buy 60 percent of the 12MHz spectrum, part of the 700MHz spectrum band that “carries wireless signals three to four times farther than some higher spectrum bands.” In October, the announced terms of sale were US$2.5 billion. The purchase “covers 196 million of the 303 million U.S. residents and includes 72 of the top 100 media markets in the country.” This is separate from the FCC auction in progress. FCC Commissioner Michael Copps voted no.

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