AT&T Wraps Up 700MHz Spectrum Purchase From Qualcomm
The carrier that gets slammed on a seemingly weekly basis for not ever having enough capacity in major urban areas has just wrapped up a purchase of wireless spectrum from Qualcomm. AT&T purchased 700 MHz spectrum licenses covering more than 300 million people for approximately $1.9 billion. 700MHz spectrum is super valuable, and it's getting harder and harder to find these days. The real question is this: when will the purchase translate to more capacity for users?