AT&T didn’t get the T-Mobile spectrum it wanted to help further its 4G LTE network, but Thursday it received approval to buy mobile television spectrum licenses from Qualcomm. The deal was worth nearly $2 billion and will allow AT&T to continue rapid deployment of its new 4G LTE mobile broadband network.
The new wireless capacity will allow AT&T to cover more than 300 million U.S. customers. It will be used to supplement AT&T’s existing network.
This new spectrum is important because it uses a signal that can travel long distances and penetrate thick walls. It could improve AT&T reception inside buildings, which is problematic in some areas of the country.
The sale is expected to close before the end of the 2011 calendar year.