Wireless carriers make a beeline to invest in 5G assets

Millimeter wave spectrum predicted to play large role in 5G; owners in hot seat
5G, 5G technology, Millimeter wave, Wireless carriers make a beeline to invest in 5G assets, Wireless

Share

AT&T Inc.'s bid for Straight Path Communications might have got a rival, as recent Bloomberg reports suggest. On Monday, 10 April 2017, AT&T had said that it would buy Straight Path Communications, a holder of licences to wireless spectrum, for $1.25 billion in an all-stock deal as it aims to accumulate the airwaves it needs for a next generation network (Source: Reuters). While it's rumoured that the bidding rival  might be Verizon, Verizon declined to comment on what it called rumors and speculation.

The deal was clearly indicative of how wireless carriers are willing to invest substantial amounts of money to have access to resources that have huge potential for the 5G era.  It's predicted that millimeter wave spectrum will play a large role in 5G. Straight Path is one of the largest holders of 28 GHz and 39 GHz millimeter wave spectrum used in mobile communications.

Earlier during the year, AT&T had talked about acquiring FiberTower and its millimeter wave spectrum rights, while Verizon claimed to have closed a deal with XO Communications' fibre-optic network business for about $1.8 billion. 

 

Editor's Choice

Emerson expands analytics platform for industrial enterprise-level wireless infrastructure management
Plantweb Insight platform adds two new Pervasive Sensing applications that manage wireless networks more efficiently with a singular interface to the enterprise
Digitalisation seen as a competitive advantage by Middle East private businesses
Nearly 80 per cent of private business leaders acknowledge that digitalisation can impact business sustainability
Etisalat introduces Multi-Access Edge Computing architecture delivering best-in-class video streaming performance for 5G networks
MEC architecture achieves performance gains of as much as 90% in video streaming, validating how ultra-low-latency applications will be delivered over 4G and 5G networks

Most popular

Don't Miss a Story