SAL Shouldn't Get Bidding Waiver, Smaller Competitors Say
N.E. Colorado Cellular and Union Telephone Co. jointly told the FCC the agency should reject a request by Atlantic Tele-Network (ATN) and SAL Spectrum for a waiver so SAL can benefit from rural bidding credits in the TV incentive auction.…
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ATN, SAL’s parent, has a market capitalization of nearly $1.2 billion, with more than $355 million operating revenue and nearly $17 million in profit last year, the smaller carriers said. SAL “is able to borrow funds at rates not available to small companies,” N.E. Colorado and Union said. “In the upcoming auction, these are significant advantages unavailable to other rural service providers.” The comments were posted in docket 14-252.