Deals
Qualcomm, AT&T Said to Hold Talks for Spectrum Sale
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Qualcomm Inc. has held talks with AT&T Inc. over the possible sale of spectrum the chipmaker acquired for its mobile-television service, according to two people with knowledge of the discussions.
Qualcomm paid $683 million for rights to use the 700 megahertz spectrum in federal auctions between 2003 and 2008, and started Flo TV in 2004 to allow users to watch broadcast TV on their mobile phones. The San Diego-based company suspended sales of Flo TV after it struggled to attract subscribers.