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AT&T, Verizon Dominate AWS-3 Auction

Article Comments  14  

Jan 30, 2015, 1:07 PM   by Eric M. Zeman   @phonescooper
updated Jan 30, 2015, 2:04 PM

The FCC today published a list of companies that placed winning bids for the AWS-3 spectrum auction. The FCC auctioned off 1,600 licenses, for which 70 companies were competing. The 10X10MHz J Block was the most coveted section of airwaves. The G, H, and I blocks are all 5x5MHz channels, but also saw competitive bidding. AT&T and Verizon won many of the J Block segments. For example, AT&T placed a $2.76 billion winning bid for J Block spectrum covering New York City. Verizon, however, won the J Block covering Washington, D.C., and Baltimore with a $966 million bid. Aside from AT&T and Verizon, T-Mobile, Northstar Wireless, Advantage Spectrum, and SNR Wireless LicenseCo (Dish) won the majority of the licenses. The FCC was hoping to raise $10.54 billion and instead raised $41.32 billion. AT&T's bids alone totaled $18.2 billion, while Verizon bid $10.4 billion and T-Mobile bid $1.8 billion. The two bidding entities tied to Dish Networks totaled $13 billion. The $41.3 billion auction total is slightly smaller than the FCC earlier reported due to discounts and incentives.

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Comments

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Mustang46L

Jan 30, 2015, 1:15 PM

Small Carriers

Glad to see that the FCC is going to allow the small carriers to be competitive by allowing AT&T and Verizon to take all the spectrum.
What small carriers?
...
As a result of AT&T and Verizon dominating this auction, I'll bet the FCC makes the rules better for the smaller carriers in the 600 MHz auction next year.
Not sure if your fanboyism is showing but tmo and sprint are not small underdogs. Tmo alone is backed by a corporate behemoth in Europe and if pushed hard enough, they can compete with the capital. Sprint was bought by softbank. And the ceo of...
(continues)
...
its an AUCTION. Everyone can bid and compete...they just need to raise billions in capitol.
insider.

Jan 31, 2015, 11:22 AM

I was just thinking...

Where does all this money go? Anybody know? Its OK. I don't think Congress does either.
insider. said:
Where does all this money go? Anybody know? Its OK. I don't think Congress does either.


Bombs. Guns. Tanks and drones. In no particular order.....
 
 
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