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Wireless

T-Mobile, Dish lead bids in USD 20 bln spectrum sale

Friday 14 April 2017 | 10:07 CET | News
The FCC has closed its 600 MHz broadcast incentive auction, raising USD 19.76 billion in gross revenue, or USD 19.3 billion net, for 70MHz of spectrum. The auction, the second highest grossing one ever conducted by the FCC, saw 175 TV stations sell spectrum to 50 telecom companies, creating more space for mobile broadband. T-Mobile US bid USD 8 billion, saying the investment will quadruple its low-band holdings, Reuters reported. Its bid, together with the USD 6.2 billion from Dish Network, accounted for the lion's share of the total raised by the FCC. Comcast agreed to acquire USD 1.7

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Categories: Mobile & Wireless
Companies: Comcast / Dish Network / FCC / Sprint / T-Mobile US / US Cellular / Verizon Communications
Countries: United States
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