Fergie's Tech Blog

AT&T, BellSouth Argue Against Spectrum Divestiture

Jeffrey Silva writes on RCR Wireless News:

AT&T Inc. and BellSouth Corp. urged the Federal Communications Commission not to give in to congressional pressure by requiring them to divest their 2.3 GHz and 2.5 GHz wireless broadband assets as a condition of approving AT&T’s proposed $67 billion acquisition of BellSouth.

AT&T and BellSouth said a merger would not prompt them to “warehouse” wireless broadband spectrum, as some parties have warned. The firms said there is virtually no overlap in AT&T’s and BellSouth’s 2.3 GHz and 2.5 GHz holdings. Moreover, they argued, Sprint Nextel Corp. holds far more wireless broadband spectrum in markets across the country.

posted by Fergie @ 10/05/2006 11:38:00 AM