Leap Failed To Look Before It Leapt Into Auction
Oct 6, 2006, 6:09 PM by (staff)
Leap Wireless, parent of Cricket, yesterday announced it intends to start building a next generation network using the AWS spectrum it just won beginning next year. The buildout will occur in phases and should be relatively complete by the end of 2009. Leap did not announce what sort of technology it would use for the new band. The carrier already announced it would upgrade its current service to EV-DO, however that should not require any additional spectrum. According to an FCC filing only 24 million of the 121 million people covered by Leap's new licenses will be covered by network upgrades using the new spectrum. The company said "a significant portion of the pops [population] included within such new licenses may not be well-suited for Cricket service," and Leap is looking at alternative services for the spectrum or they will sell off or lease licenses they cannot use.
T-Mobile to Buy Chicago-Area Spectrum to Boost Coverage
T-Mobile today said it has agreed to buy 700 MHz spectrum from Leap in order to bring its "extended-range LTE" coverage to the Chicago metropolitan area. Specifically, T-Mobile is snagging A-Block 700 MHz spectrum covering Chicago, Elgin, Joliet, Waukegan, Evanston, Naperville, Aurora, Gary, Rockford, De Kalb, Janesville, Bloomington, Normal, Kankakee, Kenosha, and others.
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.
Straight Path to Pay FCC $100M for Squatting On 5G Spectrum
The FCC has fined Straight Path Communications $100 million for failing to deploy wireless service in accordance with spectrum license requirements. Straight Path is sitting on approximately 1,000 licenses for spectrum in the 39 GHz band, which will eventually be used for 5G.
AT&T Ditching its Band 71 Licenses
AT&T is selling $1 billion worth of recently-acquired radio spectrum licenses to an obscure Virginia company, according to documents filed recently with the FCC. The spectrum in question is all (or nearly all) of the 600 MHz (band 71) licenses that AT&T acquired in an FCC auction just one year ago.
Dish's Designated Entities Give Up 197 Spectrum Licenses
Northstar Wireless and SNR Wireless LicenseCo surrendered 197 AWS-3 spectrum licenses and paid a $413 million fine to the FCC for defaulting on their $3.3 billion payment. Dish Networks participated in this year's auction through Northstar and SNR.
You can make quite a bit of money leasing the spectrum to someone else. Infact, quite a few companies do just that.
Point of title?