To scale and accelerate deployment of next-generation broadband services throughout the United States, Verizon Communications Inc. announced it has signed an agreement to acquire Straight Path Communications Inc. a holder of millimeter wave spectrum configured for 5G wireless services. Verizon will purchase Straight Path for $184.00 per share, or a total consideration of $3.1 billion,…
Verizon might be preparing to outbid AT&T for Straight Path Communications, Reuters reports. AT&T last week announced it would be paying $1.6 billion to acquire the company, which recently faced FCC fines for squatting on spectrum. Straight Path’s website insists that Straight Path is a “forward thinking communications asset company” that specializes in “maximizing the…
AT&T* has announced plans to acquire Straight Path Communications which holds a nationwide portfolio of millimeter wave (mmWave) spectrum, including 39 GHz and 28 GHz licenses. This acquisition complements AT&T’s January acquisition of FiberTower and augments the company’s holdings of mmWave spectrum. The acquisition will support AT&T’s leadership in 5G, which will accelerate the delivery…
Launching Spectrum Plan for 5G tests, the Swedish Post and Telecom Authority (PTS) has made available 100 to 200 MHz in the 3.4-3.6 GHz band and up to 1 000 MHz in the 26 GHz band for 5G tests. These bands are, together with the 700 MHz band, identified as initial pioneer bands for 5G…
The Global mobile Suppliers Association (GSA) and the GSMA today announced an agreement that will help pave the way for the development of 5G mobile broadband networks globally. Through this cooperation framework, the two organisations will share and collaborate on spectrum management issues with particular reference to the allocation, harmonisation and market availability of new…
5G Bulletin 