AT&T took another step toward filling out its 4G wireless broadband strategy with the announcement yesterday that it plans to spend $1.9 billion to buy wireless spectrum from chipmaker Qualcomm.
The new spectrum will be used to help build the carrier's next generation LTE network. This is the same technology that Verizon Wireless is using to build its 4G network.
In some ways, AT&T may seem a little late to the 4G wireless party. Competitors Verizon Wireless, Sprint Nextel, and T-Mobile USA have already been touting their fourth generation networks.