AT&T emerges as big winner in FCC spectrum auction
See the original posting on The Verge
Yesterday, the Federal Communication Commission revealed that it took in a record $44.9 billion in bids for it s AWS-3 wireless spectrum auction. Today, it released more data about the winners and how much each company bid. Unsurprisingly, US wireless carriers were at the top of the heap, with AT&T alone bidding nearly $18.2 billion for 251 licenses, the largest going towards the New York City metro area. Verizon ponied up a total of $10.4 billion for 181 licenses, while T-Mobile spent just $1.7 billion. Dish Networks was the other big name in the mix, spending $13.3 billion of its money. Sprint declined to participate in this auction, noting that it would instead be putting its efforts towards the 600MHz incentive auction next year.