AT&T Mobility acquires Aloha’s 700 MHz spectrum for $2.5B - RCR Wireless News

AT&T, which said it remains committed to using Qualcomm Inc.’s MediaFLO network for multimedia wireless broadcasts, said the deal gives it 12 megahertz of spectrum covering 196 million people in 281 markets. AT&T Mobility said the deal is expected to close in the next six to nine months.