How did the wireless industry perform in the third quarter of 2015? In this earnings summary, we list results from the wireless industry's carriers, handset makers, equipment suppliers and others.
Dish Network remains in the driver's seat in terms of options for its spectrum, which could include a sale to Verizon, some kind of wholesale agreement with multiple carriers or a perpetual lease. Meanwhile, AT&T sharply criticized Dish over its "selective default" on AWS-3 spectrum licenses two of its affiliates bid on following the FCC's decision to not award those companies a 25 percent discount.
FORT LAUDERDALE, FLA.-- A Dish Network executive said the satellite firm may participate in the FCC's upcoming 600 MHz spectrum auction but is still evaluating the opportunity. She also said that FCC's recent decision to deny $3.33 billion in discounts to two Dish affiliates that won spectrum in the AWS-3 auction will not impact Dish's eligibility to participate in the upcoming incentive auction.
Dish Network's designated entities (DEs), in which Dish holds an 85 percent economic stake, agreed to give up around a third of the paired AWS-3 spectrum licenses they won earlier this year in an FCC auction-- mostly spectrum licenses covering New York, Chicago and Boston. Analysts from Jefferies noted that the companies' abandoned licenses dovetail with AT&T and T-Mobile coverage areas, but leave open the prospect of a transaction with Verizon.
Dish Network and Verizon Communications could strike a deal by year-end for Verizon to get access to Dish's spectrum through a leasing arrangement, according to analysts at New Street Research.
Dish Network's designated entity (DE) partners, in which Dish holds an 85 percent economic stake, received an extension from the FCC to pay the $3.33 billion they owe for their AWS-3 spectrum licenses.
Verizon Communications has no interest in buying Dish Network but is open to discussing how Verizon could get access to Dish's wireless spectrum or forge some kind of wholesale arrangement, according to Verizon CEO Lowell McAdam.
As expected, the FCC voted unanimously to deny $3.33 billion in bidding credits to two Dish Network affiliates that won airwaves in the AWS-3 spectrum, but it's still unclear how Dish will respond.
Dish Network Chairman and CEO Charlie Ergen said that the FCC's likely decision to deny $3.33 billion in bidding credits to two Dish affiliates that won airwaves in the AWS-3 spectrum auction was the largest hurdle to any deal between Dish and T-Mobile US.
T-Mobile US said it now expects to add 3.4 million to 3.9 branded postpaid net customers in 2015, up from the company's previous guidance of between 3 million and 3.5 million, which it issued in April.