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AT&T completes bid in FCC auctionPosted on Thu, Apr. 03, 2008
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The Associated Press
SAN ANTONIO -- AT&T Inc. said Thursday it completed successful bids for prime "B block" spectrum in the Federal Communications Commission auction.The communications company said the complementary nature of the spectrum AT&T acquired through the FCC auction and from Aloha Partners gives AT&T the capacity to meet demand as the company moves to higher-speed fourth-generation services. Upon final award of the auctioned B block spectrum, AT&T said its 700-megahertz spectrum will cover all of the top 200 markets and 87 percent of the U.S. population. The San Antonio-based company said it doesn't expect the purchase to have a material effect on its operating results.
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