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Comcast Corporation Statement on FCC Broadcast Incentive Auction Results

15 April 2017

Verizon Communications and Sprint did not place any bids. The company also claims that the low-band spectrum it bought should be clear of the congestion that can be found on spectrum that's bought and used by the networks of AT&T and Verizon Wireless. A company spokesperson has said that T-Mobile will begin building out its network later in 2017. This is a strategy that the operator has already been pursuing opportunistically through 600MHz spectrum buyouts and swaps. Comcast plans to offer wireless service by June to its home Internet customers by reselling Verizon Wireless data, but it could use the new spectrum to boost coverage later on. Through his investment arm, MSD Capital LP MSD subsidiary, OTA Broadcasting LLC has acquired 24 TV stations since 2011 for some $90 million.

Low-band spectrum is particularly important for covering long distances and penetrating obstacles such as building walls, which have always been problems for T-Mobile's network.

T-Mobile To Soon Claim The Carrier Throne?

This afternoon, T-Mobile's ardent CEO John Legere announced the results of the FCC's recent spectrum auction concerning the low-band 600MHz range.

"These auction results are a win for everyone, especially consumers, and generated billions for broadcasters and U.S. taxpayers", said John Legere, president and CEO of T-Mobile. That meant disrupting the lineup of broadcast stations on the UHF band to make way for prized spectrum valued by mobile and wireless firms.

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As to the repack, O'Rielly said: "The many steps that remain to actually complete the auction-including repacking the broadcasters and releasing this spectrum to forward auction winners-must be done thoughtfully and carefully".

Hopefully, we don't have to wait too long for user devices capable of 600MHz LTE operation, it would be a real shame to have a newly expanded T-Mobile network that no one can connect to!

"With regards to unlicensed spectrum, we're pleased with the amount of unlicensed spectrum made available at this clearing level". That cost the nation's third largest carrier the princely sum of $7.9 billion (don't be surprised if the next few T-Mobile Tuesday freebies are restricted to PBJ sandwiches).

Comcast spent $1.7 billion on the auction, mostly in larger markets in its own cable footprint, according to Craig Moffett, an analyst at MoffettNathanson.

AT&T also won less spectrum than the researchers expected, a bit less, at least - just $910 million worth. In the second part of the auction, these rearranged frequency packages were auctioned among the almost 100 registered bidders.