AT&T and Dish Network walked away with the bulk of spectrum licenses up for grabs in the FCC’s latest spectrum auction. AT&T agreed to spend roughly $9 billion on midband spectrum licenses for 5G, while Dish agreed to spend $7.3 billion.
Those results are mostly in line with analyst expectations.
T-Mobile agreed to spend almost $3 billion on spectrum licenses in the auction.
Interestingly, Verizon did not purchase any licenses. That’s noteworthy considering Verizon spent more than $50 billion on licenses in the FCC’s previous auction, of C-band spectrum, that ended last year. The company is planning to light up a network on that spectrum in the next few days.
Other winners in the auction, as disclosed by the FCC, include private equity companies like Grain Management and Columbia Capital, as well as a number of smaller investors and rural telecom providers.
https://urgentcomm.com/2022/01/16/att-dish-win-big-in-andromeda-auction-verizon-gets-nothing/
8 replies (most recent on top)
Verizon had to save money to pay Hanz.
That’s awesome news!
“Union bloat broke a$$ old teclo Verizon could only dream about making a deal like that”
They definitely could have made a deal like that, had it not been for wasting billions on the 5G, AOL, Yahoo, Huff Po go90 fiascos
Verizon has over $150 billion in debt with rising interest rates. Where are they going to get the money? Meanwhile Microsoft buys a video game company for $65 billion CASH money.
Union bloat broke a$$ old teclo Verizon could only dream about making a deal like that! 🤡🤡🤡
Verizon is too concerned with being WOKE.
Why do folks just come to this board to whine about the company? What does that do for you?
If you don't want to work here, gather the courage and go somewhere else.
Verizon has FiOS in the northeast corner of the country. According to unioners, that is the best thing ever!
Why would VZ want spectrum allocated for digital tv expansion?