Feeds

Paul Allen flogs radio licence

Surely he doesn't need the money?

5 things you didn’t know about cloud backup

Microsoft co-founder Paul Allen has sold off most of the 700MHz he owns through Vulcan Spectrum, putting more of the US digital dividend into AT&T's hands.

No one is saying how much the deal was worth, but the money is probably much needed by Mr. Allen following the bankruptcy of Charter Communications, which he controlled, and AT&T will be pleased to extend their holdings in Oregon and Washington.

The spectrum wasn't part of last year's 700MHz auction, but was bought by Vulcan Spectrum back in 2003, as Bloomberg reports. In last year's auction, Vulcan bought a couple of blocks of spectrum for $112.8m - capable of providing service in Portland and Seattle - but the company is hanging on to that for the moment.

Details of the deal are available in the FCC filing (pdf), which also explains (when addressing competition issues) that: "The proposed transaction will enable AT&T to achieve greater operational efficiencies and offer improved, more robust and advanced services to meet the needs of new and existing subscribers". ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
EE fails to apologise for HUGE T-Mobile outage that hit Brits on Friday
Customer: 'Please change your name to occasionally somewhere'
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
We need less U.S. in our WWW – Euro digital chief Steelie Neelie
EC moves to shift status quo at Internet Governance Forum
BT customers face broadband and landline price hikes
Poor punters won't be affected, telecoms giant claims
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.