US Spectrum auction

AT&T Is Top Bidder In AWS-3 Auction, With Dish Also Spending Big

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AT&T was the winning bidder in the AWS-3 auction in the U.S. after spending $18.2 billion on new spectrum licences and accounting for almost half of the total $44.9 billion raised.

TV operator Dish Network emerged as the surprise number two bidder: although the company did not buy any licences itself, it had invested in bidding partners SNR Wireless LicenseCo LLC and Northstar Wireless LLC, which bid a total of $13.3 billion in gross provisional winning bids. The net bid amount was $10 billion as these two companies qualified for a 25 per cent discount.

“DISH’s strategy appears to consolidate spectrum in key markets in hopes of forcing wireless carriers to negotiate on favourable terms as data consumption continues to ramp,” Jefferies analysts noted in a brief commentary on the winning bidders.

Figures released by the Federal Communications Commission (FCC) also revealed that Verizon and T-Mobile bids were $10.4 billion and $1.8 billion respectively.

The winning operators issued statements after the FCC announcement last week, but are unable to comment in detail in compliance with the FCC’s anti-collusion quiet period rules. That period ends on 13 February. Original post at Total Telecom

Wahengbam Rorrkychand

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Website: http://www.blog.tonsetelecom.com

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