Qualcomm's (QCOM +0.4%) $1.925B sale of wireless spectrum to AT&T (T -0.5%) is a "win/win"...

|About: Qualcomm Inc. (QCOM)|By:, SA News Editor

Qualcomm's (QCOM +0.4%) $1.925B sale of wireless spectrum to AT&T (T -0.5%) is a "win/win" for both firms, says Gleacher & Co. The move will boost AT&T's 4G network and guarantees "smartphone growth in the U.S. for years to come." And the spectrum was on Qualcomm's books for $746M, so the sales price is unexpectedly high.