Dish Scrapping Bid for LightSquared
Dish Networks is ceasing its attempt to purchase LightSquared, the failed mobile broadband company. Dish Networks hoped to acquire the company for its spectrum assets, which it planned to use for its own mobile broadband service. Dish has been trying to break into the wireless business for years, and thought LightSquared's assets could help it do that. Dish did not immediately say why it was terminating its bid. LightSquared wanted to launch a nationwide LTE network using L Band spectrum, but was stymied by concerns regarding interference with neighboring spectrum.
3GPP Approves Band 66 for AWS Support
Dish Networks today said the 3GPP has approved the designation of Band 66, which encompasses a significant swath of AWS spectrum owned by Dish. Specifically, Band 66 pairs 70 MHz of uplink spectrum with 90 MHz of downlink spectrum in the AWS-1, AWS-3, and AWS-4 bands.
Dish's Designated Entities Under Attack
More organizations are piling on the designated entities that Dish Networks used to bid in this year's AWS-3 spectrum auction. Rather than bid directly, Dish had three small companies, in which it has an 85% stake, bid on its behalf.
FCC Awards Spectrum Licenses to AWS-3 Bidders
The FCC today officially granted some winning bidders in the AWS-3 spectrum auction the licenses allowing them to take ownership of the airwaves. The AWS-3 spectrum auction concluded earlier this year, with AT&T, Dish Networks, T-Mobile, and Verizon Wireless the top four bidders.
Dish Seeking Cash for Possible T-Mobile Deal
Dish Networks is discussing loans of $10 to $15 billion with banks, reports the Wall Street Journal, which it would use to finance a merger with or acquisition of T-Mobile. Dish and T-Mobile are believed to be holding merger talks, though a deal is not imminent.
Dish May Bid In 600MHz Auction Next Year
Dish Network is evaluating whether or not to participate in the FCC's 600MHz incentive auction next year, according to an executive. The company might bid on airwave licenses even though it was recently denied a $3.3 billion discount on licenses it won in this year's AWS-3 auction.