Technology

AT&T pays $2.5bn for spectrum licenses

AT&T has paid $2.5bn for spectrum licenses covering 196 million people in 281 markets but it has yet to reveals precisely how it will be used.

CBR Staff Writer October 9, 2007

The company bought the 12 MHz of spectrum in the 700 MHz frequency band from Aloha Partners, a partnership that specializes in assembling spectrum.

All the company would say was that demand for mobile services including voice, data, and video is increasing. AT&T said the spectrum covers many major metropolitan areas including 72 of the top 100 and all of the top 10 markets in the US.

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