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
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 [...]
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.
AT&T's making no secret of the fact it wants to snatch up as much spectrum as it possibly can, so news of the company's proposed acquisition of NextWave Wireless doesn't result in much of a shock. AT&T has agreed to purchase the company...Show More Summary
AT&T has just acquired NextWave Wireless for the purpose of reworking its WCS spectrum for the build-out of AT&T's 4G LTE network. According to the release, "AT&T will acquire all the equity of NextWave for approximately $25 millionShow More Summary
US telecommunications powerhouse AT&T has announced that it has agreed to acquire NextWave Wireless, which holds key licenses in the Wireless Communication Services (WCS) and Advanced Wireless Service (AWS) bands....
AT&T today announced that it has agreed to acquire NextWave Wireless. NextWave wireless holds various spectrum licenses, including some in the AWS 1700MHz band and some in the Wireless Communication Services (WCS) band. The WCS band spectrum is adjacent to satellite radio spectrum and has remained fallow due to interference concerns. Show More Summary
NextWave, a wireless spectrum holding company, warned it may be heading to bankruptcy. But NextWave has spectrum that could be used for mobile broadband that it has been trying to sell since November 2009. Its financial woes explain why the U.S. spectrum policy is so difficult.