FCC Examining AT&T's Proposed Buy of FiberTower's 5G Spectrum
The FCC announced a pleading cycle on AT&T’s proposal to fold into its portfolio all of FiberTower’s 24 and 39 GHz licenses. AT&T said in a Jan. 31 blog post it plans to buy all of closely held FiberTower (see…
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1702010035) and some of the high-frequency spectrum AT&T will need for 5G. “Pursuant to a stock purchase agreement, AT&T Mobility would acquire all of the outstanding stock of FiberTower Corporation, after which FiberTower Corporation would become a wholly-owned subsidiary of AT&T Mobility,” the public notice confirmed. “The Applicants assert that the proposed transaction would serve the public interest by facilitating AT&T’s adoption of 5G technology, which, they claim, would benefit consumers by enhancing existing services and enabling the provision of new ones,” the FCC said. “The Applicants further assert that the proposed transfer of control does not raise spectrum aggregation or competitive concerns.” The agency said by its calculations, AT&T would get 7.2-796.8 MHz of 39 GHz spectrum “in 3165 counties in all or parts of 727 Cellular Market Areas.” Petitions to deny are due March 30, oppositions April 6, replies April 13.