AT&T sells spectrum to Clearwire

US operator AT&T sold $300m worth of spectrum to WiMAX player Clearwire, earlier this week.

The deal involved all 2.5GHz spectrum currently licensed to, or leased by, BellSouth which has now merged with AT&T and formed part of the conditions of the merger.

The sale includes EBS (Education Broadband Service) spectrum, which is reserved for accredited educational institutions and noneducational organisations. But groups holding EBS licenses may lease portions of their spectrum to commercial operators. The sale also includes BRS (Broadband Radio Service) spectrum, which is used for commercial delivery of high speed wireless broadband services.