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Slideshow FCC okays AT&T spectrum transfer to T-Mobile USA Tweet Share this Email Print Related News Sprint's bottom line beats Street estimates 1:35pm EDT AT&T profit up, helped by iPhone sales drop Tue, Apr 24 2012 Verizon Wireless data revenue growth impresses Thu, Apr 19 2012 UPDATE 3-Verizon to sell some spectrum if cable deal closes Wed, Apr 18 2012 Analysis & Opinion Can Silicon Valley fix the mortgage market? Washington Extra – The bench’s backstories Related Topics Tech » Regulatory News » NEW YORK | Wed Apr 25, 2012 2:36pm EDT NEW YORK (Reuters) - AT&T Inc, the No. 2 U.S. mobile service provider, has received regulatory approval for its plan to give T-Mobile USA a big chunk of spectrum as part of its break-up offering in compensation for the failure of their efforts to merge. AT&T was left with an obligation to give wireless air waves and $3 billion cash to Deutsche Telekom AG unit T-Mobile USA after AT&T's $39 billion plan to buy its smaller rival failed late last year due to strong regulatory opposition. The Federal Communications Commission said on Wednesday that it approved of AT&T's transfer of spectrum to T-Mobile USA, the No. 4 U.S. mobile service provider. T-Mobile USA plans to use the spectrum to help it upgrade its network for higher-speed data services. T-Mobile USA has committed to spend $4 billion on improving its network and deploying new technology in 2013. (Reporting By Sinead Carew; Editing by Gerald E. McCormick) Tech Regulatory News Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. 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