AT&T grabs more 4G capacity, buys Qualcomm wireless spectrum for $1.92 billion
AT&T will acquire Qualcomm wireless spectrum licenses for $1.925 billion in a move that will give it more capacity for 4G services. Qualcomm had capacity to spare since it's shutting down its Flo TV plans.
Indeed, the Qualcomm spectrum is valuable and covers more than 300 million people and 70 million in top markets like New York and San Francisco. AT&T has been working to improve coverage in those two big markets.
So what's AT&T's plan? In a statement, the wireless giant said:
As part of its longer-term 4G network plans, AT&T intends to deploy this spectrum as supplemental downlink, using carrier aggregation technology. This technology is designed to deliver substantial capacity gains and is expected to be enabled with the completion of 3GPP Release 10. AT&T expects to begin deploying this spectrum once compatible handsets and network equipment are developed.
For its part, Qualcomm said it will integrate this carrier aggregation technology in its chipsets. AT&T will then deploy Qualcomm's chipset. Qualcomm's big plan is to "develop LTE multicast technologies" that can support video and multimedia content on mobile networks.