AT&T agrees to acquire NextWave for $600 million, gobbles up WCS and AWS spectrum

AT&T's making no secret of the fact it wants to snatch up as much spectrum as it possibly can, so news of the company's proposed acquisition of NextWave Wireless doesn't result in much of a shock. AT&T has agreed to purchase the company - and all of its WCS (Wireless Communication Service) and AWS spectrum licenses and equity along with it - for $25 million, pending FCC approval. If you count $25 million in contingency costs and the outstanding debt the big blue globe has also picked up, however, the total bill climbs to $600 million.

Engadget , AT&T agrees to acquire NextWave for $600 million, gobbles up WCS and AWS spectrum

See also:
wgitn, AT&T agrees to acquire NextWave for $600 million, gobbles up WCS and AWS spectrum