The holidays are a time for giving, but AT&T decided it would scoop up a little stocking stuffer for itself this holiday season — a $2 billion stocking stuffer. The nation’s No. 2 carrier announced Monday that it has reached an agreement with Qualcomm to purchase blocks of 700MHz spectrum for $1.925 billion. The blocks in question were previously used for Qualcomm’s FLO TV service, and an estimated 300 million people were covered by the service. AT&T plans to ultimately use this newly acquired spectrum for its upcoming LTE network, which will begin rolling out next year. Hit the break for AT&T’s press release. More →
File this one under “huh?” According to a report from gdgt this morning, Qualcomm is readying a portable tablet-like dedicated FLO TV device that will provide users with TV on the go. Dubbed a Portable Television, or PTV, Qualcomm’s upcoming device is said to resemble the sketch above and is thought to be about the size of an iPhone. Reported specs include a capacitive touchscreen, 4GB of memory, stereo speakers and battery life to the tune of 300 hours of standby, 5 hours of TV and 15 hours of music. We’re not sure exactly who the device will be marketed toward or what hole it fills that is big enough to warrant a dedicated device, but all will be revealed soon — or at least by early next near at CES. Is anyone into the idea of a dedicated PTV or is convergence still the name of the game?