AT&T Wireless Bidding Begins
Jan 28, 2004, 11:49 AM by (staff)
Two new announcements yesterday set the stage for a formal bid process for the sale of AT&T Wireless. Early in the day, NTT DoCoMo waived its right to be consulted on merger talks. The right is part of the terms of DoCoMo's 16-percent stake in the company; waiving it allows DoCoMo to participate as a bidder. Later in the day, AT&T Wireless announced a February 13th dealine for interested parties to submit formal bids to buy the company.
AWS-3 Auction Slows as Bids Near $42 Billion
The FCC today made another change to how participants in the AWS-3 spectrum auction place their bids. Before round 68, interested parties had to make bids on 80% of the licenses for which they were eligible.
FCC Changes AWS-3 Auction Pace As Total Surpasses $40B
The FCC today altered how it is conducting the auction for AWS-3 spectrum as fewer bids arrive for each round. Before today, the FCC offered four one-hour bidding windows per day.
Sprint Uninterested In the Uncarrier, Will Abandon Merger
Sprint plans to end its pursuit of T-Mobile. The company and its owner SoftBank have been weighing the idea for nearly a year.
FCC Weighing Whether to Award Dish's AWS-3 Discounts
The FCC today approved nine applications submitted for the AWS-3 spectrum auction, two of which belong to Dish designated entities Northstar Wireless and SNR Wireless. The FCC said the applications are in their final form and are complete, but the FCC has not made a final decision about the bidding tactics used by Dish and whether or not the company deserves the 25% discount meant for small businesses.