Tag Archives: AWS-3

$31 billion in bids so far as AWS-3 auction reaches 25th round

As many of you will be aware, T-Mobile is one of many companies currently taking part in the FCC’s AWS-3 spectrum auction. During the process, T-Mo could stand to gain some more 1700/2100 spectrum to help bolster its LTE network. As reported by Fierce Wireless, the spectrum auction has now gone through 24 rounds of bidding and – so far – has reached a huge $31 billion in bids. That’s $12 billion more than … [read full article]

T-Mobile, Verizon and Dish among 70 companies allowed to bid at AWS-3 auction

The FCC’s upcoming AWS-3 auction will be the biggest spectrum auction in the U.S. since 2008, and the list of companies qualified to bid has 70 names. The auction is set to begin on November 13th. T-Mobile, Verizon and AT&T are all on the list, as is Dish Network. But perhaps the biggest absence is Sprint. Old Yeller decided to sit this one out. Alongside the major companies are a host … [read full article]

T-Mobile to raise new debt in order to purchase AWS-3 spectrum at auction?

In a press release yesterday, T-Mobile announced that it would be seeking to raise new debt, to raise cash for general corporate purposes. Although the earlier release didn’t state how much was going to be raised, a further announcement was made later yesterday evening which did.  “T-Mobile USA, a wholly-owned subsidiary,has agreed to sell $1,300,000,000 aggregate principal amount of 6.000% Senior Notes due 2023 and $1,700,000,000 aggregate principal amount of 6.375% Senior Notes … [read full article]