AT&T has agreed to acquire Straight Path in an all-stock deal worth about $1.6 billion. Straight Path has significant spectrum holdings in the 28 GHz and 39 GHz millimeter wave bands, which will be put to use by some 5G technologies down the road. The transaction has been approved by both companies, but it will […]
The FCC has fined Straight Path Communications $100 million for failing to deploy wireless service in accordance with spectrum license requirements. Straight Path is sitting on some 1,000 licenses for spectrum in the 39 GHz band, which will eventually be used for 5G. The company renewed its licenses several years ago by submitting falsified documentation […]
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