Sprint will not participate in FCC's 2016 wireless airwaves auction2015-09-28 02:18 by Daniela
Tags: Sprint, FCC
Sprint has announced that it won't participate in the FCC's upcoming 600MHz auction, considering its existing airwaves are "sufficient" for its future needs. The company now plans to improve service on the frequencies that it already owns by adding tons of extra cell sites and aggregating bandwidth.
"Sprint's focus and overarching imperative must be on improving its network and market position in the immediate term so we can remain a powerful force in fostering competition, consumer benefits and innovation in the wireless broadband world," Sprint CEO Marcelo Claure said in a statement. "Sprint has the spectrum it needs to deploy its network architecture of the future."
The U.S. Federal Communications Commission has scheduled a major auction for the valuable 600 megahertz airwaves for March 2016. What makes these frequencies different is the fact that they can travel long distances and penetrate buildings.
The government is expected to buy the airwaves from TV broadcasters and then to resell them to wireless carriers.The last major spectrum auction of this kind was in 2008, when AT&T and Verizon were the big winners.
Read more -here-