In a joint statement with NextWave Wireless LLC (PINK:WAVE)’s management team, Dallas-based AT&T Inc. (NYSE:T) has announced that the Federal Communications Commission will green-light the proposed merger between the two companies. Valued...Show More Summary
NextWave Wireless today announced that its stockholders have agree to allow AT&T to acquire it for its spectrum assets. AT&T filed plans with the Federal Communications Commission seeking permission to acquire NextWave wireless earlier this year. Show More Summary
The Federal Communications Commission today published more details about AT&T's proposed acquisition of NextWave Wireless and its subsidiaries. If allowed to proceed as requested, AT&T will acquire between 10MHz and 25MHz of A, B, and...Show More Summary
By Kapitall: AT&T (T) is stepping up its game once again after announcing its plan to acquire NextWave Wireless for $600 million in an attempt to boost its spectrum holdings and expand its 4G LTE network. NextWave owns spectrum licenses in the Wireless Communication Services (WCS) and Advanced Wireless Service (AWS) bands. Show More Summary
In an effort to meet the growing demand for spectrum it looks like AT&T has plunged back into the acquisition pool, announcing its plans to purchase NextWave Wireless and its spectrum holdings. Following the colossal failure of AT&T’s attempted takeover of T-Mobile late last year, you knew America’s second largest wireless carrier simply wouldn’t (perhaps [...]
By Robert Broens: AT&T (T) the telecommunication provider announced the acquisition of NextWave Wireless Inc (WAVE) on Thursday in a deal valuing the troubled company at $600 million. The Deal AT&T agrees to acquire NextWave Wireless in a deal valuing the assets of the troubled firm at $600 million. Show More Summary
By Trefis: Having learned a lesson from the T-Mobile debacle last year, AT&T (NYSE:T) is targeting smaller acquisitions to meet its spectrum needs. The second largest U.S. wireless carrier announced recently that it has decided to acquire Nextwave Wireless, a small company that holds two bands of spectrum – one in AWS band and the other in WCS band. Show More Summary
In hopes of avoiding a spectrum crunch, AT&T has acquired Nextwave Wireless, a small company that holds two bands of spectrum – one in AWS band and the other in WCS band.
That AT&T (NYSE:T, news, filings) is looking for more spectrum is about as secret that McDonald’s sells hamburgers. And so, the announcement yesterday that they have agreed to buy some, the largest being from NextWave Wireless, wasn’t exactly a big surprise. … [visit site to read more]
AT&T (T) bolstered its spectrum portfolio Thursday when it agreed to pay $650 million in cash to acquire wireless spectrum holding company NextWave Wireless. The vast majority of that sum — $600 million — will go toward retiring the company’s debts. Show More Summary
In a move that will help AT&T build out its LTE 4G network, the carrier announced today that it has purchased NextWave Wireless for an upfront fee of $25 million, plus an additional $25 million contingent payment. NextWave is a …
AT&T Inc., one of the top dogs in the telecommunications industry, agreed to acquire Nextwave Wireless Inc. which holds licenses in the Wireless Communication Services (WCS) and Advanced Wireless Service (AWS) bands. The acquisition...Show More Summary
By buying NextWave, AT&T removes the biggest obstacle to its plan to convert the Wireless Communications Services band from a worthless patch of airwaves to highly valuable 4G spectrum. The deal will cost AT&T more than $600 million but would pay dividends in new LTE capacity.
4G-LTE plans will be fueled by purchase of NextWave Wireless, AT&T says.
Today, AT&T announced that it will acquire NextWave Wireless for $650 million in order to beef up its WCS and AWS spectrum holdings. The AWS holdings aren't that interesting, but the WCS ones are.
AT&T says it has agreed to buy NextWave Wireless Inc., a company that holds the right to use sections of the wireless spectrum that could be used for broadband.
AT&T this morning said it has agreed to buy NextWave Wireless, a debt-laden company that holds spectrum licenses in the Wireless Communication Services and Advanced Wireless Service bands. The deal is for $650 million in total consideration, including $600 million for the assumption of NextWave debt, $25 million in cash and a contingent payment of another [...]
AT&T Inc. (T) agreed to acquire Nextwave Wireless Inc. (WAVE), a wireless technology firm that manages and maintains wireless spectrum licenses, for up to $50 million plus the repurchase of debt from bondholders. Nextwave shares soared to $1.25 in recent trading from Wednesday's close of 25 cents.