Verizon Could Dominate C-Band Auction, Get Midband Needed for 5G: Moffett
Verizon could be the big winner in the upcoming C-band auction, with bids in the $16 billion range, MoffettNathanson’s Craig Moffett told investors Wednesday: “Who is going to bid against them? AT&T doesn’t have any money. T-Mobile doesn’t need more…
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spectrum (although perhaps they’ll bid anyway).” Moffett said the importance of midband spectrum is increasingly clear. “That’s a big part of why we’ve been so bullish about T-Mobile,” he said. “Their 2.5 GHz spectrum gives them a huge head start. But the stars may be aligning for Verizon to at least be a close second.”