U.S. FCC rejects T-Mobile request to limit spectrum for Verizon, AT&T

U.S. FCC rejects T-Mobile request to limit spectrum for Verizon, AT&T

Spread the love

The U.S. Federal Communications Commission on Thursday denied T-Mobile US Inc’s request that more airwaves be set aside for smaller wireless companies like itself to bid on during a government auction next year.

The unanimous vote by the five-member commission came after months of T-Mobile’s lobbying for stricter limits for AT&T Inc’s and Verizon Communications Inc’s participation in the auction of prized low-frequency airwaves.

Reuters previously reported that agency staff had found existing restrictions were sufficient to ensure that smaller carriers get a chance to outbid Verizon and AT&T, which dominate those low frequencies.

The auction, tentatively slated to start in March, will be a landmark one for the U.S. wireless industry as it will give participants their first chance since 2008 to buy low-frequency airwaves, which are valued for their ability to carry heavy data over long distances and through obstacles such as buildings.

Related Story:  Gbong Gwom urges Buhari to ensure arrest of killers of Plateau first class chief

The FCC voted last year to curb participation of carriers that held dominant slices of low-frequency airwaves in each market by reserving a piece of spectrum for bidding only by non-dominant carriers, but not to the extent T-Mobile sought.

The vote was something of a compromise among the FCC’s Democrats, who wanted to give smaller carriers a leg up while ensuring that restrictions on the big carriers would not cut the proceeds of the auction, expected to be the agency’s largest.

T-Mobile Chief Executive Officer John Legere on Twitter played down the policy loss, touting the existence of the reserved spectrum in the first place.
[pro_ad_display_adzone id=”70560″]

Related Story:  Kano Fire Service saves 158 lives, N809m worth of goods in January

“Good news – the reserve includes great quality spectrum & looks like the FCC will be monitoring closely so duopoly can’t game the system,” Legere tweeted, referring to the top two U.S. carriers, Verizon and AT&T.

He said T-Mobile was committed to “showing up, playing hard and being successful at the auction.”

T-Mobile shares were down 1.2 percent at $40.24 in afternoon trading, while Verizon dipped 0.6 percent and AT&T fell 1.6 percent.

(Reporting by Alina Selyukh; Editing by Susan Heavey and Lisa Von Ahn)

Spread the love

Leave a Reply

Sundiata Post Media Ltd.

Address: 3rd Floor Office Suite, Bayelsa State Guest House, Plot 1038, Shehu Shagari Way, Maitama, Abuja, Nigeria.
Tel: 08033083361, 08094208271 and 092900705
Whatsapp: 08053069436
Email: info@sundiatapost.com
Website: www.sundiatapost.com

Enugu Regional Office: SW 1 New Haven Shopping Mall, Enugu, Enugu State, Nigeria.
Tel: +234(0)7062582838

London Office: 18 Belgrave Avenue, Wd18 7UE, Watford, United Kingdom.
Tel: +447417554143
Dubai Office: PAU Management Suite, Level 23 - Boulevard Plaza Tower 2, Emaar Boulevard,
P. O. Box 124342, Dubai, UAE.
Tel: +971 4 4096849 | Fax: +971 4 409 6850
About Us

SundiataPost is published by Sundiata Post Media Limited, Sundiata Post is Nigeria’s most authoritative online newspaper and ranks among the top five online news platforms in Nigeria.

Guild of Corporate online publishers
A Glance at Our Advert Rate.

Inside Pages

Size In Pixels - Amount

120×180 - N27,967.50

300×100 - N24,695

Text Link - N11,275

More Details info

About Us | Contact Us | Privacy Policy | Terms of Use | Advert Rate