IDT Puts Its Spectrum Holdings Up for Sale
Today IDT Spectrum announced that it is accepting offers for its 38GHz, and 28GHz to 31GHz spectrum licenses. IDT Spectrum has 931 licenses in the 38GHz spectrum range and 16 licenses in the 28GHz to 31GHz range. IDT's 28GHz to 31GHz spectrum includes Local Multipoint Distribution Service (LMDS) licenses, with an average of 1,000 MHz of spectrum in the top 25 U.S. markets. According to IDT, its spectrum in these bands can support 4G wireless broadband technologies. IDT has set November 19 as the deadline for any offers.