If the structure of the broadcast spectrum auction...
If the structure of the broadcast spectrum auction ends up being unattractive to top carriers, it could “be a catalyst for other spectrum transactions getting done,” Wells Fargo analyst Jennifer Fritzsche said Wednesday in an email to investors. However, top…
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carriers appear to remain interested in participating in the auction at this point -- and that could “weigh on other potential transactions to be done in front of the auction,” Fritzsche said. Wells Fargo hosted meetings Tuesday between its clients and Alpina Capital Managing Partner Ed Moise on spectrum issues. Moise told investors he believes the auction is likely to occur on the “later sides of most estimates.” The number of bidders is likely to be a major factor in the price of spectrum at the auction -- as important as the band, quantity and coverage area of the license, Fritzsche said. AWS spectrum in particular remains in high demand, with Verizon Wireless, AT&T and T-Mobile US continuing to show interest in increasing their AWS holdings, she said.