U.S. awards contract to build emergency broadband network

(Reuters) – The U.S. Department of Commerce on Thursday awarded a 25-year contract to AT&T Inc for the construction of a nationwide wireless broadband network to better equip first responders during emergencies.
FirstNet, an independent arm of the Department of Commerce, will provide the No. 2 U.S. wireless carrier with 20 megahertz of telecom spectrum and success-based payments of $6.5 billion over the next five …