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

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 2 weeks ago '09        #1
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Tiko377 1712 heat pts1712
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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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35 comments for "Verizon reportedly outbids AT&T for key 5G wireless spectrum"

 2 weeks ago '04        #2
D.A.R.S. 5 heat pts
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$10,535 | Props total: 496 496
AT&T drops the ball again.
 2 weeks ago '06        #3
Yung Dilla 1448 heat pts1448
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$52,690 | Props total: 16240 16240
Uh oh.
 2 weeks ago '06        #4
Yung Dilla 1448 heat pts1448
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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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 2 weeks ago '04        #5
Lil Biz 74 heat pts74
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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
 2 weeks ago '06        #6
Yung Dilla 1448 heat pts1448
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 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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 2 weeks ago '07        #7
Bleezy 10 heat pts10
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How far away are we from 5G anyway?
 2 weeks ago '04        #8
Lil Biz 74 heat pts74
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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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 2 weeks ago '06        #9
Yung Dilla 1448 heat pts1448
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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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 2 weeks ago '06        #10
Yung Dilla 1448 heat pts1448
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 Bleezy said:
How far away are we from 5G anyway?
T-Mobile said next year.
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 2 weeks 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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 2 weeks ago '08        #12
ExNihilo 44 heat pts44
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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
 2 weeks ago '15        #13
thirssty58 5 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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 2 weeks ago '05        #14
240sx 
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5g I barely see 4G...
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 2 weeks ago '05        #15
ceo-of-hucworld 16 heat pts16
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Can't lie I would love to see Sprint make an improvement on their network drastically.
 2 weeks ago '16        #16
Itsjustmefools 2 heat pts
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Don't get hyped up off 5g. It's nothing but another name to get your money

New marketing techniques
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 2 weeks 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.
 2 weeks ago '05        #18
ceo-of-hucworld 16 heat pts16
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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!
 2 weeks 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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 2 weeks 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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