AT&T and MediaFLO have signed an agreement for AT&T to purchase MediaFLO’s 700 MHz licenses. The sales price is reported to be nearly $1.93 billion.
AT&T will use the new bandwidth to supplement its LTE data offerings starting in 2011.
iPhone/iPad users should be jumping for joy as this will help take the pressure off of the currently sssssslllllllllllllooooooowwwwwww data throughput that so many have complained about.
