T-Mobile US Inc (TMUS) Becomes Hurdle For AT&T Inc. (T)
T-Mobile US Inc (NYSE:TMUS) is taking the fight directly to AT&T Inc. (NYSE:T) in its push for more low-band spectrum. The small wireless company has asked the FCC to stop any potential transfer of low-band spectrum to AT&T. T-Mobile on its case argues that AT&T and Verizon Communications Inc. (NYSE:VZ) do not qualify for low band spectrum, as they already control two-thirds of spectrum nationwide.
T-Mobile US Inc (NYSE:TMUS) is taking issue with the way AT&T tabled bids for the low band spectrum through a secondary market transaction. AT&T Inc. (NYSE:T) is reportedly considering acquiring more spectrum from East Kentucky Network something that T-Mobile vehemently opposes. T-Mobile had reportedly tried to acquire these licenses but was locked out of talks on AT&T playing the keep away with low-band spectrum card.
There is fear that such transactions could affect the level of competition in the industry. The wireless company fears that further acquisitions would give AT&T rights to the best airwaves for LTE services something that would affect small players in terms of competition. . T-Mobile US Inc (NYSE:TMUS) on its petition alleges that AT&T has failed to prove beyond doubt that its push for more spectrum is in the public interest.
Awaited FCC Ruling
The FCC blocking AT&T Inc. (NYSE:T) low-band spectrum acquisition is expected to give small players a chance to compete for market share. The agency has already set aside a portion of airwaves that T-Mobile, Sprint, and other smaller players will battle it out for.
The FCC is set to make a decision on the T-Mobile US Inc (NYSE:TMUS) request for the setting aside of a larger chunk of licenses for bidding by the small carriers. Verizon and AT&T Inc. (NYSE:T) have already opposed such a move. The two companies argue that the T-Mobile and Sprint Corp (NYSE:S) should no longer be considered as small players as they are well funded by foreign owners.
Latest posts by Viraj Shah (see all)
- Tesla Motors Inc (NASDAQ:TSLA)’s Elon Musk Is Going After Semi Truck Industry - November 17, 2017 04:37 AM PST
- Tesla Motors Inc (NASDAQ:TSLA) Is Not “Hotbed for Racist Behavior” - November 15, 2017 06:58 AM PST
- Nikola Tesla and Tesla Motors Inc (TSLA) – The Past & Future of the World You Cannot Ignore- Part 1 - May 15, 2017 05:11 AM PST