Nokia Siemens Networks Makes Hostile Bid for Nortel Assets
Nokia Siemens Networks has ignored Ciena's winning bid for some of Nortel's networking assets and has made a new bid of $810 million. Ciena won the assets from Nortel with a bid of $769 million in an auction that ended last week. Ciena's bid still needs to be approved by the U.S. Bankruptcy Court, which is overseeing the auction of Nortel's assets in the U.S. Nokia Siemens Networks filed an objection with the U.S. Bankruptcy court seeking to nullify the auction results.
Dish's Designated Entities Under Attack
More organizations are piling on the designated entities that Dish Networks used to bid in this year's AWS-3 spectrum auction. Rather than bid directly, Dish had three small companies, in which it has an 85% stake, bid on its behalf.
Court Says FCC's Incentive Auction Can Proceed
A federal appeals court today denied broadcasters' bid to derail the FCC's forthcoming reverse auction. The incentive auction, set to take place in mid 2016, will see wireless companies bid for spectrum owned by television broadcasters.
FCC Names Final Set of Reverse Auction Bidders
The FCC today published a list of the 62 bidders who've made upfront payments and qualified to bid in the reverse auction for low-band TV spectrum. As expected, the list contains familiar names, such as AT&T, T-Mobile, U.S.
Dish May Bid In 600MHz Auction Next Year
Dish Network is evaluating whether or not to participate in the FCC's 600MHz incentive auction next year, according to an executive. The company might bid on airwave licenses even though it was recently denied a $3.3 billion discount on licenses it won in this year's AWS-3 auction.