A new report from Wells Fargo analysts highlights just how important major U.S. metro markets are for wireless carriers. The report shows that AWS-3 spectrum license prices for the top three U.S. markets are 94 percent above the average prices in the auction.
T-Mobile US CEO John Legere has a holiday surprise: the carrier's latest "uncarrier" move. The wily and voluble CEO will unveil T-Mobile's "uncarrier 8.0" at an event tomorrow morning in an interview with David Pogue of Yahoo! News.
The FCC's AWS-3 spectrum auction is crawling along toward its conclusion, with total provisional winning bids now topping $43.7 billion. There are also signs that the auction will end shortly.
U.S. Cellular said it struck a deal to sell 595 towers to private tower company Vertical Bridge Holdings for around $159 million. The carrier has been trying for months to sell what it had termed "non-strategic" towers in areas outside of its core markets.
AT&T Mobility is going to deploy carrier aggregation technology where it can, depending on how much spectrum it has available to meld together, according to a senior company executive.
T-Mobile US will continue to hunt for 700 MHz A Block spectrum but already has spectrum in that band covering 185 million POPs in 24 of the top 30 U.S. markets, according to CFO Braxton Carter.
The FCC is forcing bidders in the AWS-3 spectrum auction to place new bids on 95 percent of the licenses for which they are eligible or face the prospect of not being able to make any more bids. The shift to "stage two" of the auction process, with the attendant change in bidding rules, is another indication that bidding is starting to wind down in the auction, which has gone on nearly a month.
T-Mobile US is selling stock in an offering that is likely going to raise $1 billion. The carrier indicated it will use the proceeds for capital expenditures and spectrum purchases beyond what it may acquire in the ongoing AWS-3 auction.
The National Association of Broadcasters has already taken the FCC to court over its proposed rules for the incentive auction of 600 MHz broadcast TV spectrum, but the NAB is not letting up in its criticism of the commission's plans. A filing from the NAB indicates it has great concerns over the so-called "optimization" methodology the FCC will use to move around broadcasters after they give up their airwaves.
Sprint wholesale partner nTelos Wireless is likely going to benefit financially from exiting some of its markets, but its earnings will remain under pressure, according to financial analysts. The company could benefit from selling some its towers or excess spectrum, they added, but it's unclear when that will occur.