Spectrum Auction Raises M&A Issues For T-Mobile

By | November 28, 2014

Scalper1 News

Higher-than-expected bidding in a U.S. government auction of radio spectrum could be a setback for T-Mobile US if it’s not acquired, says a Jefferies report. Bidding in the Advanced Wireless Service No. 3 spectrum auction, which started on Nov. 13, reached $37.5 billion late Wednesday, more than double earlier forecasts. AT&T (T), Verizon Communications (VZ) and T-Mobile US (TMUS) have been expected to grab most of the new wireless licenses, Scalper1 News

Scalper1 News