Sprint to Sit Out AWS-3 Auction
no T-Mobile??????????????????????????????
Sprint Corp. (S:US), working to make best use of airwaves acquired last year, is the only major U.S. wireless-service carrier intending to pass on an auction of frequencies designed to accommodate data-guzzling smartphones.
A spokesman confirmed that Sprint won’t participate in the November sale, which the Federal Communications Commission expects to be the largest since a $19 billion auction in 2008. Verizon Communications Inc., AT&T Inc. (T:US), and T-Mobile US Inc. all said they’re interested in bidding.
The decision by Sprint to opt out comes a month after Chief Executive Officer Marcelo Claure was hired by to help revitalize the third-largest U.S. wireless carrier after seven years of customer losses and...
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