NEW YORK (
is reportedly about to receive some assistance in securing additional radio frequencies to expand its 4G/LTE footprint.
According to a published
Federal Communications Commission
Chairman Julius Genachowski will submit a proposal to the entire Commission allowing AT&T to use a portion of spectrum that had previously been termed "cellular-unfriendly".
Three months ago AT&T asked the FCC for permission to expand its LTE service into a small portion of what is known as the WCS band (2.3 GHz) - which, until now, had been reserved for satellite radio use.
AT&T made its request to use these new frequencies following the official dissolution, in December 2011, of its proposed merger with carrier
following intense government opposition to the deal.
As part of the FCC deal, AT&T reportedly has agreed to leave enough space so that it won't interfere with
AT&T has previously stated that it would be able to build and deploy new 4G/LTE services on the 2.3 GHz band within three years.
Shares of AT&T crept up 0.32% to $38.2.
--Written by Gary Krakow in New York.
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Gary Krakow is TheStreet's senior technology correspondent.