gamesindustryblog.com
gamesindustryblog.com April 24, 2017


$19.8 billion airwaves auction may mean better cell service

15 April 2017, 11:47 | Sue Hudson

Interestingly, Verizon opted not to dip money into the auction. More recently, both carriers have been focusing closely on getting 5G rolled out as quickly as possible and the 600 MHz spectrum is not suitable for supporting 5G. The company gave up some of its TV spectrum in New York City, Philadelphia, and Chicago, walking away with proceeds of $481.6 million. This auction quadrupled the carrier's low-band spectrum portfolio, which is a big deal, and combining this 600MHz with the 700MHz they already have, you're going to see much improved signal from T-Mobile. That'll start a new wireless battle right as T-Mobile is catching up to the last one. Dish spent a painful $6.2 billion on licenses, and Comcast spend $1.7 billion. That news is surprising because Dish also was a big victor in the AWS-3 auction, yet has not yet begun building a network - and some industry observers question whether the company ever will or if, instead, it will simply sell its spectrum.

"These auction results are a win for everyone, especially consumers, and generated billions for broadcasters and USA taxpayers", said John Legere, president and CEO of T-Mobile.

"T-Mobile now has the largest swath of unused low-band spectrum in the country".

Once T-Mobile start using frequencies it won in this spectrum auction, its coverage in the U.S.at frequencies below 1 GHz will almost equal Verizon's.

T-Mobile was able to secure 45 percent of the spectrum sold.

Russia responsible 'by proxy' for Syrian chemical attack says British Defence Secretary
He also said the top USA priority in the region hasn't changed and remained the defeat of Islamic State militants. Tillerson would "deliver that clear and coordinated message to the Russians", he said.

The auction was billed by federal officials as a once-in-a-lifetime event for cellphone carriers, cable companies and TV stations - an unprecedented opportunity to acquire enormous amounts of high-value, "beachfront" airwaves.

Wireless providers that acquired low-band spectrum in the auction will have as many as 12 years to begin using that bandwidth for services, although Legere said T-Mobile expects to begin "lighting up" its new airwave holdings later this year. 14 MHz of spectrum is available for unlicensed use and wireless microphones.

With the purchase, T-Mobile owns 41.1 megahertz of spectrum below the 1-gigahertz frequency, compared with 46.2 megahertz for Verizon and 70.5 megahertz for AT&T, according to Bloomberg Intelligence.

Comcast was the third biggest spender in the auction, though it came in at a distant third. (NYSE: T) spent just $910.2 million. And US Cellular picked up 188 licenses for $328 million, though they're likely to be located in rural areas, thus the lower cost.

During the auction, there was a prohibition clause that forbade bidders from talking to each other, but that period ends on April 27.



Other News

Trending Now

Senate bill to curb teacher-student relationships moves to House floor
System officials have said they'd probably offset the shortfall with a tuition increase. Kelly said the Senate passed the bills the majority promised. "I'm used to it".

'Survivor' Contestant Apologizes for Outing Zeke Smith as Transgender
On Zeke's calm reaction to the outing, Probst commented, "I was also very impressed with the compassion Zeke showed Varner". Following the sixth episode's tribal council, the Hollywood Reporter published a guest column from Smith.

Costa happy at Chelsea but not so much London
Costa revealed after the Cherries win:"I am happy at Chelsea, I am not necessarily saying that I am happy with my life in London". If you are in a team that is winning, you always want to stay, for the allotted amount of time".

Oil demand to slow for the 2nd year in a row: IEA
The International Energy Agency expects growth in the global demand for crude oil to slow for a second consecutive year in 2017. OECD stocks "drew moderately" in February and the IEA anticipates they will dip down further in March.

New GOP health care plan could raise premiums for the sick
One forbids insurers from charging higher premiums on account of people's medical problems or pre-existing conditions. Ryan credited a breakthrough in negotiations among conservative and moderate factions of the GOP for the progress.

Yankees again top Forbes' rankings at $3.7 billion
Of course, the Ricketts have a ways to go until they match the value increase the Steinbrenner family has seen in the Yankees. On the west coast, the Los Angeles Dodgers are the next most valuable franchise with a value of $2.75 billion.

Former USC Pitcher Will Make MLB Debut For The Yankees
Pineda's ability to miss bats with his mid-90s fastball, slider and changeup is the reason NY has been so patient with him. Montgomery threw five strong innings with High-A Tampa on Thursday, allowing one unearned run and striking out eight.

'Two-thirds of Great Barrier Reef hit by mass coral bleaching'
Coral bleaching is caused by rising water temperatures resulting from two natural warm currents. The warming waters causing the bleaching probably have to do with global warming.

Kendall Jenner Pepsi Ad
Pepsi recently pulled their latest commercial after people criticized it for making light of a serious issue. The ad was blasted on social media after its release, prompting Pepsi to pull the spot a day later.

James Harden thinks he should win MVP over Russell Westbrook
Danilo Gallinari led Denver with a season-high 34 points while Jokic scored 23 of his own. "I was open and let it go". He has not joined the team on its now four-game road trip, which will conclude Tuesday in Minnesota.