FCC ALLOWS AT&T’s SPECTRUM DEAL

Associated Press

WASHINGTON — AT&T Inc., already the nation’s largest cellphone provider, won U.S. government approval to buy highly coveted airwaves licenses that cover 196 million people in 281 markets.

The Federal Communications Commission yesterday released an order approving the company’s $2.5 billion cash buyout of Aloha Partners LP and its spectrum holdings.

The licenses are in the much-sought-after 700-megahertz band that is being vacated by television broadcasters. It is next to spectrum that …

http://online.wsj.com/public/article/SB120218292354743413.html

If you own AT&T, you own a piece of Satan. Good luck with that.