News by Andrew Kameka on Wednesday November 13, 2013.
|Sponsored links, if any, appear in green.|
Sprint has announced that it has no plans to participate in the upcoming auction of H-block spectrum that the FCC is expected to hold early next year, leaving the door open for the only logical buyer to step in. Sprint said that its focus has moved to low-band spectrum that will aid its existing efforts to build Sprint Spark, a 4G LTE network capable of delivering faster speeds, penetrate with more consistency indoors, and be more reliable in densely-populated areas. Though Sprint has ambitious plans for its Spark program, participating in the auction is not part of those plans.
It was expected that Sprint would bid for the spectrum because it currently hold licenses for airwaves that are adjacent to the H-block spectrum that will be auctioned in January. T-Mobile yesterday announced that it would not place a bid, despite the company recently propping to sell more of its stock in order to raise money to purchase new spectrum. The most likely bidder for the H-block auction is now DISH Network, which tried and failed to merge with Sprint and Clearwire earlier this year.source: Reuters
Andrew is based in Miami, Florida.