Sprint Says It Won’t Take Part in US Airwaves Auction
Sprint is the only major US wireless-service carrier intending to pass on an auction of frequencies designed to accommodate data-guzzling smartphones.
A spokesman confirmed that Sprint won’t participate in the November sale, which the Federal Communications Commission expects to be the largest since a $19 billion auction in 2008. Verizon Communications., AT&T, and T-Mobile US all said they’re interested in bidding. “Sprint really has a lot more spectrum than its rivals, so they don’t have that pressing need to get more,” said John Butler, a senior telecommunications analyst for Bloomberg Intelligence. In addition, Sprint doesn’t hold airwaves that would be easily compatible with the frequencies to be offered, he said.
Sprint Says It Won’t Take Part in US Airwaves Auction