AT&T (NYSE:T) is waiting on the FCC to approve its acquisition of Qualcomm's MediaFLO spectrum in the 700 MHz band. What will the carrier use the one-way broadcast spectrum for? Not TV services. AT&T wants to double the speeds of its planned LTE network by bonding together the spectrum to its existing AWS, 1900 MHz or 850 MHz spectrum holdings.
Check out my special report on AT&T's plans here. --Lynnette