AT&T Wants to Buy Sprint's WCS Spectrum

As expected, AT&T has made a play to add Sprint's WCS spectrum to its own holdings. The deal could earn $130 million or more for Dan Hesse & Co.

Dan Jones, Mobile Editor

May 13, 2014

1 Min Read
AT&T Wants to Buy Sprint's WCS Spectrum

AT&T is finally going after Sprint's WCS spectrum holdings for its own 4G LTE purposes.

Fierce Wireless reports that AT&T Inc. (NYSE: T) has filed with the Federal Communications Commission (FCC) to purchase Sprint Corp. (NYSE: S)'s 19 WCS licenses.

It has long been expected that AT&T could go after Sprint's 2.3GHz spectrum holdings. Sprint holds an average of 1 MHz or more of the spectrum across top markets in many of the southern US states. (See Sprint Could Make Millions Selling WCS to AT&T.)

In the summer of 2012, UBS AG analyst John Hodulik suggested that Sprint could make $130 million by selling its WCS licenses to AT&T. Ma Bell has made similar deals with Comcast Corp. (Nasdaq: CMCSA, CMCSK) and Horizon Wi-Com. It got the bulk of the licenses by acquiring NextWave. (See AT&T to Buy NextWave for 'Alternative' 4G.)

AT&T got approval from the FCC to use the spectrum late in 2012. Executives have said that it will go into commercial service in 2015. (See AT&T Gets WCS Approval, Adds 4G Markets.)

— Dan Jones, Mobile Editor, Light Reading

About the Author(s)

Dan Jones

Mobile Editor

Dan is to hats what Will.I.Am is to ridiculous eyewear. Fedora, trilby, tam-o-shanter -- all have graced the Jones pate during his career as the go-to purveyor of mobile essentials.

But hey, Dan is so much more than 4G maps and state-of-the-art headgear. Before joining the Light Reading team in 2002 he was an award-winning cult hit on Broadway (with four 'Toni' awards, two 'Emma' gongs and a 'Brian' to his name) with his one-man show, "Dan Sings the Show Tunes."

His perfectly crafted blogs, falling under the "Jonestown" banner, have been compared to the works of Chekhov. But only by Dan.

He lives in Brooklyn with cats.

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