Tuesday, August 9, 2011

FCC halts AT&T's acquisition of Qualcomm spectrum, bundles it with T-Mobile merger review

AT&T's LTE spectrum acquisitions just hit a minor bump in the federal road. In a recently released FCC statement, Wireless Bureau chief Rick Kaplan announced the decision to stop the 180 day review clock on the telco's proposed takeover of Qualcomm's 700MHz spectrum. The $1.9 billion deal, inked last December, isn't getting the regulatory axe, but due to a "number of related issues" concerning spectrum overlap with the still unapproved T-Mobile merger, the commission is bundling the two into one future review. Maybe it's time the carrier's industry backers pen another letter of support to Chairman Genachowski.

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