AT&T is the latest spectrum winner to provide details on how it will utilize its winnings.
"In the future, AT&T's 700 MHz spectrum holdings will provide the foundation for deployment of next-generation wireless broadband platforms such as HSPA+ and LTE," AT&T said in a statement. "While standards for emerging technologies such as LTE are still being developed, these technologies could enable peak broadband speeds of 100 Mbps or more."
The FCC recently auctioned off more than 1,000 700 MHz spectrum licenses. AT&T spent $6.6 billion on 227 licenses in the B-block.
AT&T will use spectrum it acquired from Aloha Partners to help it move toward 4G service.
"Results of the auction bidding demonstrate the B-block was the most attractive, most valuable spectrum available, and it was the best investment for AT&T and our customers," Ralph de la Vega, president and CEO of AT&T's wireless unit, said in a statement.
The spectrum AT&T got from Aloha is in the C-block, but it is not subject to the open-access requirements of the C-block spectrum acquired by Verizon, de la Vega said.
"With fewer costly and complex regulations, we have the certainty and flexibility needed to move faster in rolling out new mobile technology and more customer choices in devices and applications," de la Vega said. "We will put our spectrum to work so that customers can do more with their wireless devices, the user experience is superb, and wireless connectivity can be embedded in more devices."
AT&T will roll out 3G services to 350 U.S. market by year's end, and complete its Speed Uplink Packet Access (HSUPA)-enabled network by the middle of the year, AT&T said.
Verizon provided details on its spectrum plans earlier today, while Google weighed in Wednesday on why it did not place any winning bids.
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