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FCC Approves AT&T's $1.9 Billion Qualcomm Spectrum Purchase
An anonymous reader writes "Bloomberg reports that the U.S. Federal Communications Commission has granted approval for AT&T to buy Qualcomm's wireless spectrum licenses for $1.925 billion. The FCC admitted to having some 'competitive concerns' about letting AT&T snap up such a large swath of spectrum licenses, but were satisfied by simply imposing a number of conditions to prohibit interference on neighboring bands. They also said the deal facilitates their goal of 'expanding mobile broadband deployment throughout the country.'"
At a guess, it means 1.925 billion dollars of hidden fees spread out across all the AT&T users.
"Have you ever thought about just turning off the TV, sitting down with your kids, and hitting them?"