The auction of the 1900 MHz PCS H Block is starting to wind down, and Dish Network still appears poised to walk away with the spectrum, according to a financial analyst. Based on current activity, the auction will likely end sometime in the next few days.
The auction of the 1900 MHz PCS H Block is one week old but it's already becoming apparent to analysts that Dish Network is set to capture the spectrum in short order, an outcome that many saw as inevitable. The question now is, if and when Dish wins control of the airwaves, what it might do with another 10 MHz chunk of spectrum.
The start of the 600 MHz broadcast TV spectrum incentive auctions may have been pushed from this year to the middle of 2015, but the fight to define rules that might restrict the ability of Verizon Wireless and AT&T Mobility to acquire airwaves in the auctions rages on. Last week, representatives from Sprint, T-Mobile US, U.S. Cellular, Dish Network and a wide array of associations and public interest groups met with FCC officials and urged for those restrictions.
The FCC is launching its first significant auction of wireless spectrum in six years Wednesday, with the auction of the 1900 MHz PCS H Block, in a sparsely populated sale in which Dish Network is the lead bidder for the airwaves.
Sprint parent SoftBank has engaged in direct talks with T-Mobile US parent Deutsche Telekom to try to iron out a deal between Sprint and T-Mobile, according to a Bloomberg report.
How did the wireless industry perform in the fourth quarter of 2013? Check here throughout the fourth-quarter earnings report season for full earnings reports from the wireless industry's...
Dish Network is still trying to flesh out its wireless plans, but it has plenty of balls in the air on other fronts. During the 2014 Consumer Electronics Show, Steve Donohue, editor of FierceCable, sat down with Dish CEO Joseph Clayton. For more on their conversation, check out this Hot Seat interview.
Dish Network may have withdrawn its $2.2 billion bid to get control of LightSquared's spectrum, but LightSquared's plan to get out of bankruptcy rests on getting approval from the FCC to modify its spectrum holdings. Despite statements from Harbinger Capital Partners, LightSquared's chief backer, that such approval is "within reach," regulators have not yet set a timetable for granting such approval, according to a Bloomberg report.
Dish Network is pulling its $2.2 billion bid to acquire LightSquared's spectrum assets while LightSquared is in bankruptcy protection. That move presumably will the way for a group backed by Harbinger Capital Partners, LightSquared's chief backer, to take control of the company.
LightSquared wants to see the benefits of a potential FCC decision to rejigger its spectrum holdings, and Philip Falcone's Harbinger Capital Partners is continuing to fend off an attempt by Dish Network to take control of LightSquared.