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Monday, March 10, 2014

US Wireless Carriers Wheel and Deal in Advance of Spectrum Auction

A planned large US spectrum auction in 2015 has prompted major wireless carriers to buy, sell, and trade spectrum licenses as they seek to shore up their market positions. The broadcast television spectrum auction, which the Federal Communications Commission is still planning, will sell 600MHz spectrum, traditionally used for TV broadcasts, to wireless carriers. The band has properties similar to the 700 MHz frequency. T-Mobile, for example, announced in January it would be buying some 700MHz spectrum from Verizon in several markets for $3.3 billion, which should help the carrier quickly build out its 4G services. Explosive consumer demand for mobile bandwidth, which Network World expects to increase 11 times in four years, is causing carriers to acquire spectrum and otherwise upgrade their infrastructure. Experts forecast that Verizon, AT&T, Sprint, T-Mobile, and Dish Network will spend about $50 billion on spectrum licenses in the next two years. (SlashDot)(Network World)(Federal Communications Commission)


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