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Aug. 2, 2012, 9:58 AMAT&T (T) is acquiring troubled spectrum owner NextWave Wireless (WAVE +456%) at a cost of up to $600M ($500M in assumed debt, $25M cash, $25M contingent payment). NextWave owns spectrum in the widely-used AWS band, as well as in the WCS band, which AT&T is petitioning to be opened up for 4G services. Expect the acquisition to be closely scrutinized by the FCC, given its recent actions, and its long history with NextWave. | Comment!
Aug. 27, 2009, 9:00 AM
Jun. 30, 2008, 2:55 PM
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