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FCC Approves NextWave AT&T Merger

[Techtaffy Newsdesk]

The Federal Communications Commission has approved the transfer of control of the NextWave entities holding Wireless Communications Service  and Advanced Wireless Services  spectrum licenses to AT&T. This approval represents the last remaining regulatory approval required to be obtained.

The closing of the merger is expected to occur in the first quarter of 2013, subject to the satisfaction or waiver of all closing conditions under the merger agreement, including that the FCC approval has become a final order.

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