AT&T’s willingness to move forward with spectrum acquisitions “is a...
AT&T’s willingness to move forward with spectrum acquisitions “is a reflection of their need for spectrum and lends credence to the arguments they made during the T-Mobile deal,” BTIG analyst Walter Piecyk said in a blog post (http://xrl.us/bnjbdg). Piecyk said…
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AT&T’s offer of about 40 cents per MHz/POP for the usable portion of NextWave’s WCS spectrum “is a reflection of the limited spectrum available in the market.” It also reflects a healthy premium to the 25 cents per MHz/POP that Dish Network Chairman Charlie Ergen spent in the company’s pending acquisitions of 2 GHz spectrum “and the implied value of Clearwire’s spectrum based on its stock price,” he said. The price AT&T paid for NextWave also could draw more focus to Verizon’s proposed agreement to buy Spectrum, he said: If the cable companies have to give up some of the benefits of the marketing agreement “it will be interesting to see whether they ask Verizon for a higher price on the spectrum which would be an effective admission that the deals are, in fact, linked.”