NextWave Wireless Stockholders Approve Merger with AT&T

SAN DIEGO, OCT 2, 2012 — NextWave Wireless Inc. (OTCQB: WAVE) (the “Company” or “NextWave”) announced the results of the special meeting of the Company’s stockholders held today. The stockholders of the Company adopted the Agreement and Plan of Merger, dated as of August 1, 2012 (the “Merger Agreement”), by and among the Company, AT&T Inc and its direct wholly owned subsidiary, Rodeo Acquisition Sub Inc. In addition, the Company’s stockholders approved, by a non-binding advisory vote, compensation arrangements with, and payable to, the Company’s named executive officers in connection with the anticipated merger. Closing of the transactions contemplated by the Merger Agreement remains subject to customary closing conditions, including approval of the Federal Communications Commission.

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