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.
Verizon Sees No More Big Spectrum Grabs In Its Future
Verizon today said it doesn't believe it will need to make any more large spectrum acquisitions following the results of the recent AWS-3 spectrum auction. Verizon netted 181 spectrum licenses at a cost of $10.4 billion.
AWS-3 Spectrum Auction Over, Bids Total $44.89 Billion
The FCC today said Auction 97, which covered blocks of spectrum in the AWS-3 band, is now over. It received a final bid today for the 1695-1710MHz unpaired spectrum band just a day after it closed bids for the G, H, I, and J paired spectrum blocks.
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.
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?