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

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 2 months ago '09        #1
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Tiko377 1756 heat pts1756
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$14,426 | Props total: 7072 7072
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"

 2 months ago '04        #2
D.A.R.S. 5 heat pts
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$10,557 | Props total: 526 526
AT&T drops the ball again.
 2 months ago '06        #3
Yung Dilla 1458 heat pts1458
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$53,407 | Props total: 19352 19352
Uh oh.
 2 months ago '06        #4
Yung Dilla 1458 heat pts1458
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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 months 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 months ago '06        #6
Yung Dilla 1458 heat pts1458
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$53,407 | Props total: 19352 19352
 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 months ago '07        #7
Bleezy 10 heat pts10
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$14,146 | Props total: 7424 7424
How far away are we from 5G anyway?
 2 months 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 months ago '06        #9
Yung Dilla 1458 heat pts1458
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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 months ago '06        #10
Yung Dilla 1458 heat pts1458
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 Bleezy said:
How far away are we from 5G anyway?
T-Mobile said next year.
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 2 months 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 months ago '08        #12
ExNihilo 46 heat pts46
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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 months ago '15        #13
thirssty58 5 heat pts
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$7,986 | Props total: 8820 8820
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 months ago '05        #14
240sx 
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$4,118 | Props total: 1052 1052
5g I barely see 4G...
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 2 months 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 months ago '16        #16
Itsjustmefools 2 heat pts
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$1,093 | Props total: 817 817
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 months 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 months 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 months 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...
JoeDoe22 and 2 others gave props
 
 2 months 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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