Mobile buys spectrum for $8 bn; Verizon, Sprint didn't bid

15 April, 2017, 11:58 | Author: Kristopher Anderson

U.S. Cellular said in a securities filing in February it had "submitted bids for a minimum amount of $327 million" in the auction.

Of course, the comparison to Verizon is not particularly fair, since Big Red has almost twice the mobile customers as T-Mobile, but the facts are true: T-Mobile is finally in a position to get rid of its gimmicks and hacky promotions and start beating AT&T and Verizon in tangible ways: in speed, in coverage, and in reliability. That enabled the company to walk away with new spectrum in virtually every US market, said company chief executive John Legere in a tweet. Equipment from Nokia and Ericsson is already available on the tower side, and Qualcomm is finalizing its baseband chips to support the new band plan. And Comcast has made no secret of its plans to leverage its own spectrum as it couples its hotspot network with Verizon's cellular infrastructure to enter the wireless market.

The spectrum that was being auctioned came from television station broadcast frequencies.

T-Mobile said it walked away with 31 MHz of spectrum - 45 percent of the total - that's spread across the United States and Puerto Rico, quadrupling its low-band holdings.

T-Mobile To Soon Claim The Carrier Throne?

Not far behind it, according to analysts at Moffett Nathanson, was Dish Network, which won a surprising $6.2 billion in spectrum.

Uber Fires Back at Google Spinoff in Self-Driving Car Case
At one point Alsup warned he might go as far as to bar Levandowski from working on Uber's program until the litigation is resolved.

Trump tells newspaper Obama aide might have broken the law
Trump said the chemical weapons attack in Syria was "an affront to humanity", and it "crossed a lot of lines" for him. The press conference came after Nunes reviewed classified documents that he says he got from a secret source.

Lawmakers urge Trump to work with them on Syria
Trump took to Twitter on Saturday morning to say he was honored to have President Xi Jinping during the two-day summit in Mar-a-Lago.

Set in motion five years ago as part of the federal Middle Class Tax Relief and Job Creation Act, the FCC auction was aimed at reallocating spectrum to better serve today's wireless communications demands.

Dish and Comcast, two companies you don't normally associate with cell phones, were the two other big spenders in this auction. T-Mo CTO Neville Ray has said that T-Mobile will begin deploying its new spectrum this year in both new and existing markets, but Ray didn't say which markets those will be.

The new spectrum represents T-Mobile's biggest investment in its history.

About $7.3 billion of the money raised by the auction goes to offset the federal deficit.

"T-Mobile now has the largest swath of unused low-band spectrum in the country". "The benefits to broadband users and the economy flow not just from spectrum being transferred, but its actual use-equipment must be built out and turned on". Comcast also moved into positive territory, up as much as 0.3 percent. By contrast, AT&T spent $910 million, and Verizon and Sprint sat this one out. We congratulate all bidders who were successful in the incentive auction, and we applaud all of those past and present Commission staffers who worked so diligently on every aspect of this complex undertaking.

Recommended:

  • Microsoft Office vulnerabilities mean no .doc is safe

    Microsoft Office vulnerabilities mean no .doc is safe

    He added that the successful exploit closes the bait Word document, and pops up a fake one to show the victim. So, if you receive a shady email message asking you to download the document and open it immediately.
    Taiwan bans eating dog and cat meat

    Taiwan bans eating dog and cat meat

    Each year, the festival attracts the wrath of animal rights activists who call the practice of slaughtering dogs inhumane. Amendments to the current legislation could lead to the outlawing of dog and cat consumption by the end of April.
    Trump lauds 'outstanding' relationship with China's Xi after talks

    Trump lauds 'outstanding' relationship with China's Xi after talks

    North Korea's pursuit of a nuclear missile capable of striking the United States is the most pressing issue in the relationship. The two sides had "a real commitment to work together to see if this can be resolved in a peaceful way", Tillerson said.
  • Palestinian stabs woman dead on Jerusalem train - Israeli police

    Palestinian stabs woman dead on Jerusalem train - Israeli police

    The British Embassy said it was "in touch with local authorities following the stabbing, but could not comment beyond that". First reports described him as a 57-year-old east Jerusalem resident suffering from mental health problems.
    Donald Trump US President refuses to give Bannon a ringing endorsement

    Donald Trump US President refuses to give Bannon a ringing endorsement

    Bannon, on the other hand, threw himself into his mission to establish Breitbart as the voice of populism in the United States. The unusual public, lukewarm support from the boss has Bannon's friends and advisers anxious he will soon be out of a job.
    Bombardment in Iraq's Mosul takes heavy toll on civilians

    Bombardment in Iraq's Mosul takes heavy toll on civilians

    Meanwhile, Rasoul said that the military operations in west Mosul are going on according to the command's plan. While Mosul is the centre of operations for ISIS in Iraq, the group also controls Qaim, Tal Afar and Hawija.
  • Zidane meets mentor Ancelotti in Champions League quarters

    Zidane meets mentor Ancelotti in Champions League quarters

    Real coach Zinedine Zidane assumes Lewandowski will play. "I am very disappointed by the penalty miss, but this is football". They will try to have a lot of possession.
    Palestinian force deploys in Lebanon camp, ending clashes

    Palestinian force deploys in Lebanon camp, ending clashes

    The camp was established in 1948 to host Palestinians displaced by Israeli forces during the establishment of Israel. Palestinians in Lebanon are prohibited from working in professional jobs and have few legal protections in Lebanon.

    Crackdown: AG Sessions Vows 'New Era' at Southern Border

    He also said the Justice Department plans to add 50 more immigration judges in 2017 and 75 more in 2018. Under the new measures, all adults apprehended at the border will be detained.
  • Nintendo Switch To Get 'Arms' June 16, 'Splatoon 2' July 21

    That total includes more than 925,000 units sold for Nintendo Switch and almost 460,000 units sold for the Wii U console. If you're into side-scrolling shooters, Sine Mora EX is the game you're waiting for, and it comes out this summer.

    Korea may be bracing for nuclear test this Saturday

    Trump also tweeted that if China doesn't do its part to rein in Pyongyang's nuclear ambitions, the USA can handle it. He said later on Wednesday the United States was prepared to tackle the crisis without China, if necessary.

    North Korean murder suspects sent home with body of victim

    Malaysian police believe the women were recruited by another North Korean national, Ri Ji U, also known as James. After the murder, a video from the victim's son Kim Han-sol, confirmed that the family were in hiding.


Popular

Ocean world near Saturn hotter-than-ever contender for life
The findings on Jupiter's moon Europa were discovered by the Hubble telescope, NASA said at a news conference in Washington. Forty years ago, scientists on Earth found an astonishing oasis of life clustered around vents at the bottom of the ocean.

Susan Rice responsible for unmasking intercepts of Trump associates
Rice, in an interview on MSNBC, would not say whether she had viewed intelligence involving Trump and his aides. Nunes also said he confirmed that "additional names of Trump transition team members were unmasked".

5 children taken to hospital after accident at Taylors Church
Five children were hospitalized in a bouncy house accident Saturday at a church carnival in Taylors, South Carolina. Strong winds in SC caused two inflatable bounce houses to go airborne Saturday with five children still inside.

See how Democrats vs. Republicans react to controversial Pepsi ad
Meanwhile, as per Toronto Sun , the actors in the commercial said that most of the extras in the ad weren't even from the US. And 32 percent of Americans said the ad made them more likely to buy Pepsi products, versus 20 percent who were less likely.

Gas prices will rise this summer but should remain low
Motorists can find current gas prices along their route with the free AAA Mobile app for iPhone , iPad, and Android . Following were California ($2.99), Washington ($2.89), Alaska ($2.82) and OR ($2.74).

Twitter pulls lawsuit after US government backs down
On April 7, 2017, counsel for Defendants from the Department of Justice contacted counsel for Twitter, to advise that U.S. Customs and Border Protection has withdrawn the summons and that the summons no longer has any force or effect.

Celebrations as Kinross trained horse wins Grand National
Cause Of Causes came second, Saint Are was third, in fourth place was Blaklion, and finishing fifth was Gas Line Boy. I felt we'd done everything we possibly could to get this horse here.

Scenes from the 2017 Lucky Egg Hunt
Each child will be allowed to find three eggs and can then redeem them at the registration table for various prizes. Join Hodges Community Center as they host their 11th Annual Easter Egg Hunt on Saturday, April 8, 2017.

US launches cruise missiles on Syrian airfield
Downing Street says it is discussing measures to exert "greater pressure" on the Syrian regime and those who support it. But political experts say with the show of force is risky, with Russian Federation backing Assad.

Trump Rejected More Aggressive Military Options Against Syria
A USA missile attack on a Syrian airbase Thursday night escalated tensions between the US and Russian Federation . Iran has provided crucial military and economic assistance to Assad throughout Syria's six-year civil war .