Archive for January, 2008

Top bids$2.4 bln as wireless auction opens(Reuters)

Monday, January 28th, 2008

Top bids$2.4 bln as wireless auction opens(Reuters)

"AReuters - Top bidders put up a total of morethan$2.4 billion on Thursday in the opening round of theFederal Communications Commission’s auction of coveted U.S.government-owned airwaves.


FCC weighs approving AT&T buy of Aloha spectrum(Reuters)

"AnReuters - The head of the FederalCommunications Commission is pressing for the agency to quicklyapprove plans by AT&T Inc to purchase$2.5 billion worth ofwireless airwaves from a privately held partnership, sourcessaid on Friday.


Wireless auction bids$3.7 billion(Reuters)
Reuters - The bidding topped$3.7 billion onthe second day of the U.S. Federal Communications Commission’sauction of government-owned airwaves, but there were no newsuitors Friday for a closely watched block of spectrum to beshared with public safety agencies.

Sprint’s WiMax Lacks Proper Funds, Faces Competition Study Finds(TechWeb)
TechWeb - Obstacles include management upheaval, layoffs, the Nextel merger, and alternate broadband wireless strategies, according to Maravedis researchers.

AT&T reports$3.1 billion in Q4 earnings with boost from wireless(Canadian Press)
Canadian Press - SAN ANTONIO - AT&T Inc. earned US$3.1 billion in the fourth quarter as its wireless and broadband businesses did well, a trend America’s largest telecommunications company said would help it keep growing even in a sputtering economy.

700MHz auction update: High bids total$3.2 billion(InfoWorld)
InfoWorld - The high bids totalled$3.2 billion in the U.S. Federal Communications Commission’s auction of wireless spectrum licenses in the 700MHz band after three rounds and a day and a half of bidding.