LIN TV, owner and operator of 29 television stations, will sell 32 licenses in the lower 700 MHz spectrum to Aloha Technologies, which has been using similar spectrum to test mobile TV technology in Las Vegas and mobile broadband in Phoenix.
The licenses are in the lower 700 MHz C Block and are clustered in Northeast and Upper Midwest markets, in addition to markets in South Central Texas.
The deal will increase Aloha’s license portfolio to more than 270 in the 700 MHz range and will expand the company’s coverage to nearly 65 percent of the U.S. population and nearly 85 percent of the top-100 market population.
Aloha’s mobile TV test in Las Vegas is demonstrating how DVB-H technology can deliver up to 24 live cable TV channels to cellular phones, the company said.
The $32.5 million cash deal is expected to close in the fourth quarter, pending FCC approval.
Both companies are based in Providence.
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