TITLE

Mobile Giants Feast on Spectrum Licenses

AUTHOR(S)
Medford, Cassimir
PUB. DATE
April 2008
SOURCE
Red Herring;4/4/2008, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on U.S. mobile operator Verizon Wireless' broadband plans following the company's $9.36 billion purchase of licenses in the 700 MHz auction. The announcement was made after AT&T and Qualcomm revealed how much they had spent and the licenses they had acquired in the auction which ended on March 20, 2008. Both AT&T and Verizon stated that they would build networks based on Long Term Evolution (LTE), a high-speed broadband technology, which could reach wireless broadband speeds approaching 100 Mbps.
ACCESSION #
36834901

 

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