T-Mobile Sells 600 Towers to Phoenix Tower
T-Mobile has finalized the sale of some 600 cell towers to Phoenix Tower International. The deal, first announced in August, transferred ownership and management rights to Phoenix Tower. Terms of the transaction were not disclosed. T-Mobile is preparing its finances for next year's incentive auction. The sale could provide T-Mobile with some of the cash needed for the spectrum licenses. T-Mobile said it would spend up to $10 billion for the valuable low-band airwaves.
FCC Says Incentive Auction Reaches End Point
Jan 18, 2017
The FCC today said the close of the fourth stage will mark the end of bidding in the auction for 600 MHz airwaves. The auction has been in progress since last May and worked its way through several stages.
T-Mobile, US Cellular Named FCC Incentive Auction Winners
Apr 13, 2017
The FCC today marked the official end of the incentive auction for 600 MHz airwaves. The agency said 50 wireless companies bid a cumulative $19.8 billion on some 70 MHz of spectrum that was put on offer by 175 television stations.
FCC's Incentive Auction Starts Tonight
Mar 29, 2016
The FCC said its incentive auction for 600 MHz airwaves officially gets under way at 6p.m. this evening, when broadcasters will need to commit to participating.
Verizon Might Skip 600MHz Incentive Auction
Jul 21, 2015
Verizon Wireless said it is comfortable with its spectrum holdings at the moment and may not bid in next year's auction for 600MHz airwaves. Verizon is only using 40% of its licensed spectrum for LTE, which gives it plenty of room to add capacity.
Dish's Designated Entities Give Up 197 Spectrum Licenses
Oct 2, 2015
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.