The US Federal Communications Commission has approved the purchase by AT&T of 12MHz of wireless spectrum that covers 60 per cent of the US.
AT&T bought the spectrum from Aloha Spectrum Holdings. The spectrum, in the highly coveted 700MHz band, covers 196 million of the 303 million US residents and includes 72 of the top 100 media markets in the country. Aloha acquired the spectrum in earlier FCC auctions and from other auction winners. This portion of the 700MHz spectrum is not part of the FCC auction now in progress.
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