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AT&T Receives FCC Approval for Acquisition of NextWave Wireless, Other WCS Transactions; Approval Sets the Stage for WCS



  AT&T Receives FCC Approval for Acquisition of NextWave Wireless, Other WCS
  Transactions; Approval Sets the Stage for WCS Spectrum for Mobile Broadband
  Use

Business Wire

DALLAS -- December 22, 2012

AT&T announced today that the FCC has approved AT&T’s pending acquisition of
NextWave Wireless and other pending WCS spectrum acquisitions. The FCC
previously approved a joint proposal from AT&T and Sirius XM that permits
deployment of mobile broadband service in the WCS band.

“The long era of dispute and uncertainty surrounding the WCS spectrum band is
finally over. With the Order released this week, AT&T will be able to complete
acquisitions that will give it a path to robust commercial LTE deployment in
the WCS band,” said Joan Marsh, AT&T vice president of Federal Regulatory. “We
applaud the FCC Chairman and Commissioners for their commitment to fostering
innovative spectrum solutions that unlock under-utilized spectrum bands to
serve the growing demands of American consumers. Repositioning the WCS band
for LTE deployment is a significant accomplishment which will spur aggressive
investment by AT&T and create good paying jobs across the wireless and
technology eco-systems. This is also a win for our customers, who will benefit
from today’s Order for years to come as we realize the spectrum’s full
potential to enhance our wireless broadband offerings.”

AT&T intends to deploy WCS spectrum for added 4G LTE capacity in approximately
three years.  AT&T now expects the NextWave transaction will close during the
first quarter of 2013.

About AT&T

AT&T Inc. (NYSE:T) is a premier communications holding company and one of the
most honored companies in the world. Its subsidiaries and affiliates – AT&T
operating companies – are the providers of AT&T services in the United States
and internationally. With a powerful array of network resources that includes
the nation’s largest 4G network, AT&T is a leading provider of wireless,
Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile
Internet, AT&T also offers the best wireless coverage worldwide of any U.S.
carrier, offering the most wireless phones that work in the most countries. It
also offers advanced TV services under the AT&T U-verse^® and AT&T │DIRECTV
brands. The company’s suite of IP-based business communications services is
one of the most advanced in the world.

Additional information about AT&T Inc. and the products and services provided
by AT&T subsidiaries and affiliates is available at http://www.att.com/aboutus
or follow our news on Twitter at @ATT, on Facebook at
http://www.facebook.com/att and YouTube at http://www.youtube.com/att.

© 2012 AT&T Intellectual Property. All rights reserved. 4G not available
everywhere. AT&T, the AT&T logo and all other marks contained herein are
trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. All
other marks contained herein are the property of their respective owners.

Cautionary Language Concerning Forward-Looking Statements

Information set forth in this press release contains financial estimates and
other forward-looking statements that are subject to risks and uncertainties,
and actual results might differ materially. A discussion of factors that may
affect future results is contained in AT&T’s filings with the Securities and
Exchange Commission. AT&T disclaims any obligation to update and revise
statements contained in this news release based on new information or
otherwise.

Contact:

For AT&T Corporate Communications
McCall Butler, 404-829-6513
Mobile: 917-209-5792
mbutler@connected.att-mail.com
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