AT&T released information concerning its auction winnings, saying that its new licenses in the B Block of spectrum enhances its existing networks and lays the foundation for more advanced wireless broadband technologies and services.
Shortly before the auction, AT&T acquired spectrum in the C Block through its acquisition of Aloha Partners; the Aloha Partners spectrum does not include the open access provisions implemented by the FCC on the portion of the C Block won by Verizon Wireless in the auction.
AT&T said the B Block of spectrum was more “attractive” in part because it didn’t carry any extra regulations. Ralph de la Vega, president and CEO of AT&T’s wireless unit, said in a statement: “With fewer costly and complex regulations, we have the certainty and flexibility needed to move faster in rolling out new mobile technology…Our winning bids for B Block spectrum, combined with the C Block spectrum we acquired from Aloha Partners, significantly enhances AT&T’s spectrum portfolio.”
Like Verizon, AT&T said it plans to use its increased spectrum holdings to build out 4G network services. The company did say that with the addition of the B Block spectrum, its 700 MHz spectrum will cover 100% of the top 200 markets and 87% of the U.S. population.
“Results of the auction bidding demonstrate the B Block was the most attractive, most valuable spectrum available, and it was the best investment for AT&T and our customers,” Ralph de la Vega’s statement continued.
AT&T bid about $6.64 billion on airwaves at the auction.