FCC Denies Dish $3.3 Billion in Auction Discounts
The FCC has officially and unanimously rejected Dish Network's $3.3 billion in AWS-3 spectrum auction discounts. Dish used three smaller companies, in which it owned an 85% stake each, to place bids on its behalf. The smaller companies, known as designated entities, qualified as small businesses and received a significant discount on their $13.1 billion auction tally. Dish competitors AT&T and Verizon Wireless cried foul over Dish's bidding techniques. Dish maintains that it adhered to the auction rules and expressed disappointment over the FCC's decision. Dish owns significant swaths of spectrum, but has yet to deploy any sort of wireless network. Last month, the FCC voted in new rules that prevent such discounts in the future.
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FCC Likely to Reject Dish's Auction Discounts
The FCC is prepared to reject Dish Network's $3.3 billion in auction discounts, reports the Wall Street Journal. Dish used three smaller companies to place bids on its behalf.
Dish Unhappy About FCC's Position On Auction Discounts
Dish Networks has confirmed the FCC plans to deny it $3.3 billion in discounts on spectrum licenses. Dish used three small companies — called designated entities — to place bids on its behalf during the AWS-3 auction earlier this year.