Monday, February 2, 2015

The Results Are In

So much for having to wait five to 10 days, the AWS-3 spectrum auction results are in:
AT&T – $18.2 billion
Verizon – $10.4 billion
Dish – $10 billion (13.3 billion gross)
T-Mobile – $1.8 billion
This auction raised (in net bids) a total of $41,329,673,325, with 31 winning bidders winning a total of 1,611 licenses. Walter Piecyk, technology, media, and telecom analyst at BTIG noted that the two bidders associated with Dish were Northstar and SNR, which bid the $13.3 billion, but they will get a 25% discount as designated small business entity bringing their total to $10 billion. Dish did not win any licenses itself, but rather entered into the joint budding agreements with the two companies. Continue reading here

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