AT&T has agreed to pay $2.5 Billion to Aloha Partners for all their licenses held in the 700-Mhz range, making AT&T the largest owner of licenses in the 700-800 Mhz range, a range reserved for 3rd generation network service.This deal paves the way for the implementation of a 3G network in the US which makes mobile internet, video and file transfer a viable enterprise. There have been many grand attempts at marketing mobile video and other large bandwidth mobile applications only to be scuppered by the limitations of the current mobile network. Look out for a wave of innovation in the mobile arena as network capacity finally catches up to the possibilities that mobile technology offers.
It's kind of a kick in the teeth for all the people who jumped on the iPhone though (the one's who didn't already get one from having their phones bricked), since the very thing that makes it so great (besides being super sexy), its capacity to show the real internet rather than the internet lite offered on most phones, is kind of pointlessly slow on current networks. The iPhone being released in Europe this fall, however, works on a 3G network since it is already well established there. Oh well, I guess it should be expected, if you buy Apple stuff you should already be used to upgrading to the next new hot gadget every other year anyway. Oh stop pouting... I'm just as covetous of those sexy little machines as the next guy.
New York Times
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