Verizon reportedly outbids AT&T for key 5G wireless spectrum

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 1 year ago '09        #1
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Tiko377 1914 heat pts1914
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$16,042 | Props total: 10310 10310
Verizon reportedly outbids AT&T for key 5G wireless spectrum
 

 
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$3.1 billion is apparently enough to acquire Straight Path Communications and its millimeter-wave radio licenses.

A month ago, AT&T announced it would acquire Straight Path Communications for $1.6 billion, specifically because Straight Path owns licenses to use high-frequency radio waves that will be crucial for the next generation of wireless technology. However, after that agreement, an unnamed Multi-National Telecommunications Company (that is reportedly Verizon, the owner of this website) stepped up with a bid of $3.1 billion in stock, and tonight the Wall Street Journal reports that AT&T has declined to match it.

Verizon and Straight Path have not commented yet, however, last month AT&T said it was planning to use the company's millimeter-wave (mmWave) spectrum to "accelerate the delivery of new experiences for consumers and businesses like virtual and augmented reality, telemedicine, autonomous cars, smart cities and more." At the time it said "AT&T will acquire 735 mmWave licenses in the 39 GHz band and 133 licenses in the 28 GHz band. These licenses cover the entire United States, including all of the top 40 markets."

Update: A Verizon representative declined to comment on the report.

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visit this link https://www.engadget.com/ .. less-spectrum/
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37 comments for "Verizon reportedly outbids AT&T for key 5G wireless spectrum"

 1 year ago '04        #2
D.A.R.S. 5 heat pts
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$10,907 | Props total: 1012 1012
AT&T drops the ball again.
 1 year ago '06        #3
Yung Dilla 1497 heat pts1497
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$57,439 | Props total: 36318 36318
Uh oh.
 1 year ago '06        #4
Yung Dilla 1497 heat pts1497
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This is good for sprint, they have enough high band spectrum to cover the USA and back again. sh*ts gonna get real interesting.
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 1 year ago '04        #5
Lil Biz 75 heat pts75
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 Yung Dilla said:
This is good for sprint, they have enough high band spectrum to cover the USA and back again. sh*ts gonna get real interesting.
Hows that good for sprint? Just curious
 1 year ago '06        #6
Yung Dilla 1497 heat pts1497
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$57,439 | Props total: 36318 36318
 Lil Biz said:
Hows that good for sprint? Just curious
Att gonna open up the bag to buy spectrum directly from them, sprint could use the cash flow and t mobile might buy some too.
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 1 year ago '07        #7
Bleezy 10 heat pts10
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$14,444 | Props total: 8443 8443
How far away are we from 5G anyway?
 1 year ago '04        #8
Lil Biz 75 heat pts75
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 Yung Dilla said:
Att gonna open up the bag to buy spectrum directly from them, sprint could use the cash flow and t mobile might buy some too.
Gotcha! It is going to get interesting. TEAMVERIZON by the way
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 1 year ago '06        #9
Yung Dilla 1497 heat pts1497
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 Lil Biz said:
Gotcha! It is going to get interesting. TEAMVERIZON by the way
T mobile gang. Lol
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 1 year ago '06        #10
Yung Dilla 1497 heat pts1497
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$57,439 | Props total: 36318 36318
 Bleezy said:
How far away are we from 5G anyway?
T-Mobile said next year.
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 1 year ago '08        #11
flav 1 heat pts
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VZ Master Race at it again


can't stop, won't stop
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 1 year ago '08        #12
ExNihilo 49 heat pts49
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 Yung Dilla said:
Att gonna open up the bag to buy spectrum directly from them, sprint could use the cash flow and t mobile might buy some too.
Interesting possibility
 1 year ago '15        #13
thirssty58 6 heat pts
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Like sprint says the differences are marginal doesnt matter at this point. Go to cheapest all data with reasonable coverage.
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 1 year ago '05        #14
240sx 
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$4,587 | Props total: 1696 1696
5g I barely see 4G...
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 1 year ago '05        #15
ceo-of-hucworld 33 heat pts33
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$8,389 | Props total: 11485 11485
Can't lie I would love to see Sprint make an improvement on their network drastically.
 1 year ago '16        #16
Itsjustmefools 2 heat pts
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$1,970 | Props total: 1644 1644
Don't get hyped up off 5g. It's nothing but another name to get your money

New marketing techniques
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 1 year ago '04        #17
VictoryThagr8 6 heat pts
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 ceo-of-hucworld said:
Can't lie I would love to see Sprint make an improvement on their network drastically.
Sprint and T-Mobile are going to merge with T-Mobile running sh*t.
 1 year ago '05        #18
ceo-of-hucworld 33 heat pts33
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 VictoryThagr8 said:
Sprint and T-Mobile are going to merge with T-Mobile running sh*t.
One can only hope my man!
 1 year ago '04        #19
nastynotic 4 heat pts
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 240sx said:
5g I barely see 4G...
You must not be on this Verizon Wave playa playa...
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 1 year ago '04        #20
Kalon 4 heat pts
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Hell, there aren't even any phones that I know of that have the 5G capability built in.

We don't even have gigabit internet in a lot of places nor is it really affordable.

I'd guess and say 2022-2023 for this to be normal.
CarlozRossi gave props
 
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