Microsoft co-founder Paul Allen is looking to sell 24 licenses in the 700 MHz band in Oregon and Washington to AT&T Mobility, according to documents filed with the FCC.
Allen holds the licenses through his company, Seattle-based Vulcan Spectrum. The licences include the cities of Seattle and Portland. The FCC has yet to approve the deal.
The financial terms of the deal were not disclosed in the documents, and AT&T spokesman Michael Coe declined to comment on the value of the proposed deal, according to Bloomberg. Coe said AT&T would use the spectrum to support its LTE rollout in the Northwest. The company is going to begin LTE trials next year, with commercial deployments coming in 2011.