T-Mobile wins the US Airways Auction: T Mobile wins the US Airways Auction, The broadcast airwaves spectrum sale is on in the United States where there are 62 bidders. T-Mobile US Inc is bidding high in the government auction. T-Mobiles has always had issues in the low-band coverage which is necessary for long distances and to make it to the rural areas. This spectrum win should help it on achieving those.
Overall, 175 broadcast stations are selling their airwaves to 50 wireless and telecommunication companies. T-Mobiles is quite confident about its success in the bid, and it believes this would help in its growth. T-Mobile said the bid would enable it “to compete in every single corner of the country.”
According to the report from the U.S. Federal Communications Commission which came out on 13 April 2017, T-Mobile bid for $8 billion and Dish Network Corp bid for $6.2 billion. Comcast Corp registered with $1.7 billion while AT&T Inc offered $910 million. The bidding is to close, and T-Mobiles would eventually make it with a big difference from the others.
T Mobile wins the US Airways Auction
T-Mobile has planned to build new networks with the spectrum it acquires. There are also chances that they would decide to extend and improve the existing systems instead of making new ones. Through this win, T-Mobiles gains authority over 1,500 blocks of the spectrum spread across over 400 markets.
It is believed that the carrier giant of the United States, Verizon has always had its high interest on band spectrum assets. It focused on high-band spectrum, and maybe that is why it chose to not participate in the auction. Sprint Corp. Another most used carrier also opted to stay away from bidding. On the other hand, Verizon and AT & T were the winners of the previous auction. They already have a strong base in the low-band spectrum, and that could be another reason why Verizon avoided the sale. (T Mobile wins the US Airways Auction)
T Mobile wins the US Airways Auction:
“Comcast bought less than expected, Dish Network bought more, and Verizon bought nothing at all,” said Craig Moffett, an analyst at MoffettNathanson. Being the second winner of the auction, Dish Network gets around 486 blocks of airwaves. Comcast got 73 blocks in 72 markets, and AT & T got even lesser. (T Mobile wins the US Airways Auction)
While talking about the auction, FCC Chairman AjitPai said, “The conclusion of the world’s first incentive auction is a significant milestone in the FCC’s long history as the steward of the nation’s airwaves. Consumers are the real beneficiaries, as broadcasters invest new resources in programming and service, and additional wireless spectrum opens the way to greater competition and innovation in the mobile broadband marketplace.”
The FCC earned a total of $19.8 billion through the auction of which $7.3 billion will go toward the national debt. T-mobiles CEO, John Legere had his glad speech about winning the auction in which he said, “T-Mobile now has the largest swath of unused low-band spectrum in the country. That is a BFD for our customers! Because T-Mobile customers will be able to speed on a brand-new, wide-open wireless freeway, while carrier customers have to crawl along on their clogged, congested low-band freeways.”