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AT&T To Pay $1.93 Billion For FLO TV Spectrum

Posted by Soulskill on from the saturate-this dept.

itwbennett writes "AT&T on Monday announced it is buying from Qualcomm $1.925 billion worth of wireless spectrum that it plans to use for a 4G network. The spectrum was bought by Qualcomm for $125 million and had powered FLO TV."

2 of 72 comments (clear)

  1. The end. by adolf · · Score: 5, Insightful

    And this, friends, represents the end of the glory that should have been the giant swaths of 700MHz spectrum which were liberated as part of the move from NTSC to ATSC.

    RIP, dreams.

    --
    Kid-proof tablet..
    1. Re:The end. by adolf · · Score: 3, Insightful

      Channels 52-83 were owned by TV stations for their exclusive use, and now the frequencies have been leased to a singular Cell carrier for use by that carrier's customers. How is this a bad thing? Looks like a net positive to me.

      There. Fixed that for you.

      (Please realize that I draw my opinion from the fact that, once upon a time, nobody owned any airwaves but the people -- and that the initial concept of outside ownership was a transfer of rights from the people to corporations, not between corporations. They are inherently our airwaves, not those of whom are represented by a stock ticker.)

      --
      Kid-proof tablet..