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FCC approves AT&T spectrum transfer to T-Mobile

Updated 4 years ago
BGR

Following AT&T’s failed attempt to acquire T-Mobile USA from Deutsche Telekom for $39 billion, AT&T had to pay a lofty break-up fee as per the terms of its agreement. AT&T’s related expenses totaled $4 billion, and included in that sum was the transfer of AWS spectrum licenses to T-Mobile in 128 different markets. On Wednesday, T-Mobile announced that the Federal Communications Commission has approved the transfer. “We applaud the FCC for acting swiftly to approve the transfer of these spectrum licenses,” T-Mobile CTO Neville Ray said in a statement. The nation’s No.4 carrier will use its newly acquired spectrum to help build out its next-generation 4G LTE network, which it hopes to launch next year.

Zach Epstein
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.