Now that the AWS-3 spectrum auction is officially concluded, with nearly $44.9 billion in provisional winning bids, speculation is beginning in earnest over how much wireless carriers bid for the airwaves--and what will come next.
The FCC said bidding in the AWS-3 spectrum auction, known as auction 97, is now closed after 341 rounds of bidding. Total provisional winning bids came in at a record $44.899 billion. That's far more money than the FCC raised in its previous spectrum auctions.
The FCC said it has closed bidding on paired spectrum in the AWS-3 spectrum auction, the clearest sign yet that bidding is drawing to a close.
T-Mobile US is looking to give its customers discounts when they upgrade to a new smartphone, hoping to ameliorate the cost of a new phone since the carrier does not offer subsidized devices.
Don't expect Verizon Wireless to join its rivals in offering a rollover data plan, according to Verizon Communications CFO Fran Shammo.
AT&T's disclosure that it entered into credit agreements worth more than $11 billion has prompted some financial analysts to think that the company may wind up buying more airwaves at the AWS-3 spectrum auction than Verizon Wireless, spending anywhere from $20 billion to $22 billion at the auction.
Verizon Wireless delivered strong subscriber growth in the fourth quarter, beating financial analysts' expectations, but the carrier also saw higher than usual churn and its margins dipped amid increasing promotions. Taken together, the results show that while Verizon continues to show resilience it is not immune to rising competition from Sprint, T-Mobile US and AT&T Mobility.
Verizon Wireless and T-Mobile US' MetroPCS prepaid brand launched dueling new offers aimed at enticing prepaid customers to sign up and use more data. Verizon's new pricing comes a week after T-Mobile unveiled new prepaid plans under its "Simply Prepaid" brand starting at $40 per month.
AT&T Mobility, as expected, has challenged a December ruling from the FCC that sided with T-Mobile US and smaller carriers in a dispute over what constitutes a "commercially reasonable" data roaming agreement. Verizon Wireless also challenged the ruling.
Google is interested in buying mobile payments company Softcard, according to multiple reports, in a deal that would bring Google into closer alignment with wireless carriers and that would consolidate the payments market just as Apple Pay is getting off the ground.