AT&T Interested in Spectrum, Including Through Secondary Market, CFO Says
AT&T is in pursuit of additional spectrum, CFO Pascal Desroches said at a Deutsche Bank financial conference Tuesday, the same day the FCC released a notice seeking comment on the procedures for an AWS-3 auction (see 2503110061). “If you're in the wireless business, you're always interested in acquiring spectrum because it's the best, most cost-effective way to provide coverage and capacity, and the returns on it are proven and true,” Desroches said. “We would always be interested if more spectrum became available.”
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Desroches praised FCC Chairman Brendan Carr and President Donald Trump's administration for taking an aggressive approach to making more spectrum available for 5G. “In the near term, there's also spectrum on the secondary market that becomes available from time to time, and we always take a look at it as it becomes available,” Desroches said. He noted that AT&T has an agreement with UScellular to buy the smaller carrier’s 3.45 GHz spectrum and 700 MHz B/C-block licenses for $1.018 billion (see 2411070026).