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[Engadget] Verizon, AT&T Win big In FCC Spectrum Auction

post #1 of 5
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After yesterday's wrap-up of the gargantuan Auction 73 to offload the newly-freed 700MHz spectrum, it looks like the two champions to emerge are Verizon and AT&T. Big Red has emerged with virtually all of the highly coveted C Block save for Alaska, Puerto Rico, and the Gulf of Mexico, a logical move considering its recent foray into the wide world of open access. AT&T, meanwhile, has scored much of the B Block, giving it 12MHz of spectrum in many of over 700 "cellular market areas" nationwide. In total, Verizon laid out a whopping $4,741,807,000 to pick up the Block C airwaves, leaving early competitor Google in the dust -- and affirming rumors that Mountain View wasn't in it to win it, it just wanted to make sure the reserve price was met and open access rules were assured.
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post #2 of 5
$4 Billion!? Wow. That's a lot of cash to fork over at once.

So what does this mean exactly for their services?
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post #3 of 5
Quote:
Originally Posted by Bluecow003 View Post

So what does this mean exactly for their services?
That they will be going up in price....haha.
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post #4 of 5
Thread Starter 
Quote:
Originally Posted by Bluecow003 View Post
$4 Billion!? Wow. That's a lot of cash to fork over at once.

So what does this mean exactly for their services?
Better coverage probably, Faster Networks in more areas? I'm just taking guesses here. But this all sounds about right.

Just offtopic but... I was at wal-mart with mom today and they have hundreds of those digital converter boxes for sale already for 49.98 and you can download the rebate coupon thing from the government and use on them
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post #5 of 5
I think this will apply more to verizon as an ISP than as a cellular company. Long range wireless internet most likely.
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