TMobile, Dish, Comcast Big Spenders at FCC's 19.8 Billion Airwave Auction
publish date: 2017-04-14
Consumers could see more competition and better mobile service after the $19.8 billion sale .
Consumers could see more competition and better mobile service after the end of a big U.S. government auction transferring airwave rights from TV broadcasters to companies interested in wireless networks.
The biggest spenders in the Federal Communications Commission's $19.8 billion auction were T-Mobile with $8 billion, satellite TV company Dish at $6.2 billion and Comcast with $1.7 billion.
The nation's airwaves regulator ran the auction to help wireless networks keep up as people spend more time on smartphones. The biggest bidders in the last auction, in 2015, were AT&T ($18.2 billion) and Verizon ($10.4 billion).
T-Mobile says its winnings will give its network more oomph against industry heavyweights AT&T and Verizon. The company "just cleaned up," its CEO, John Legere, tweeted . The company has racked up new subscribers in recent years and helped tug AT&T and Verizon into offering unlimited plans again.