Post Tagged with: "Spectrum"

Sprint and T-Mobile to Join Forces for Spectrum Auction

Sprint and T-Mobile will reportedly join forces to capture spectrum in the incentive auction to be held by the FCC next year. The Wall Street Journal reports that the two carriers will form a joint venture to bid about $10 billion in the auction. That $10 billion is apparently part of a larger amount from [...]

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FCC Moves Ahead with Proposal to Give Smaller Carriers a Chance in Spectrum Auction

Despite a threat from AT&T to boycott next year’s incentive auction of spectrum from television broadcasters, the Federal Communications Commission seems to be moving ahead with a plan to reserve spectrum for smaller carriers. In a blog post, FCC chair Tom Wheeler laid out a proposal designed to prevent AT&T and Verizon from buying up [...]

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AT&T Threatens to Sit Out Spectrum Auction Next Year

AT&T is threatening to withdraw from the incentive spectrum auction next year if the FCC introduces rules designed to help smaller carriers get a piece of the pie. Though no restrictions have been put in place yet, the FCC apparently wants to put a limit on the amount of spectrum one carrier can purchase in [...]

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Verizon Purchases Cincinnati Bell’s Spectrum for $210 Million

Verizon Wireless is purchasing all of Cincinnati Bell’s wireless spectrum licenses in a deal valued at $210 million. The deal means an end for Cincinnati Bell’s wireless operations, though it will continue to provide service for its mobile customers for the next eight to twelve months. Cincinnati Bell will maintain its landline business and plans [...]

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Dish Withdraws $2.2 Billion Bid for LightSquared

Dish Network has withdrawn its $2.2 billion bid for the bankrupt wireless company LightSquared. The move comes as a surprise, since Dish has aggressively pursued an acquisition of the company. Dish chair Charlie Ergen even went so far as to buy up LightSquared debt, a controversial move that has resulted in a trial that recently [...]

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T-Mobile Drops $2.4 Billion on Verizon Wireless Spectrum

T-Mobile has reached an agreement to purchase spectrum from rival Verizon Wireless. The deal was revealed Monday morning by way of a SEC filing and will see T-Mobile cough up $2.365 billion in cash, along with some spectrum licenses of its own in the AWS and PCS bands worth $950 million. In return, the carrier [...]

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FCC Delays TV Spectrum Auction to 2015

A planned auction of TV airwaves has been pushed back to 2015 by the Federal Communications Commission. Chair Tom Wheeler announced on the FCC blog that the Broadcast Television Spectrum Incentive Auction is being delayed from the previous date of 2014 in order to make sure the complex undertaking goes according to plan. “I believe [...]

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Sprint to Sit Out Upcoming Spectrum Auction

Though it often seems as if the large U.S. carriers can’t get enough spectrum, Sprint announced that it won’t be taking part in an upcoming government auction. The spectrum auction is set for January and offers a part of the spectrum known as the H-block. Since the H-block is adjacent to Sprint’s other spectrum holdings, [...]

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AT&T Completes $1.9 Billion Purchase of Verizon Spectrum

AT&T announced that it has completed its $1.9 billion acquisition of spectrum from Verizon Wireless. The two companies came to an arrangement back in January, with AT&T looking to acquire the wireless spectrum to assist with its 4G LTE roll out. That deal is now complete and AT&T has gained 39 licenses for spectrum in [...]

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T-Mobile Drops $308 Million on U.S. Cellular Spectrum

Wireless carriers can’t get enough spectrum and T-Mobile is no exception. The carrier has signed a deal with U.S. Cellular to buy 10MHz of Advanced Wireless Services (AWS) spectrum for $308 million in cash. 32 million people and 29 markets in the Mississippi River Valley area are covered by the spectrum, including St. Louis, Nashville, [...]

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