Cell phone news and specs cell phone news, reviews, info, and photos
Web www.cellaz.com


Subscribe to RSS feed

Verizon Wireless takes lead in AWS auction


Posted: 16 Aug 2006

The advanced wireless spectrum auction is heating up and Verizon Wireless is starting to show its size. At the end of 14 rounds Verizon Wireless is the top bidder for the top six spectrum licenses. The price tag for that air is currently $3.5 billion, but the auction is far from over and prices are still rising rapidly.

T-Mobile lead the pack in the first round but has fallen behind since. Discount carriers MetroPCS and Cricket have both been active. Overall the auction currently has $7.3 billion in bids. Insiders have said the total could push $15 billion when all is said in done.

Top 10 Highest Bidders by the end of Round 14
Bidders Net total of high bids
1. Verizon Wireless $3.5 billion
2. MetroPCS $1.2 billion
3. Cricket $801 million
4. SpectrumCo $619 million
5. Denali Spectrum $316 million
6. Cingular $136 million
7. Barat Wireless $131 million
8. T-Mobile $103 million
9. Dolan Family $79 million
10. Atlantic Wireless $44 million
VIA www.rcrnews.com
There are no comments for this at the moment.
You may become the first

Add comment

You are not authorised to comment. Please login to your account or quick and easy create the new one.

Cell phones reviews
Phone Search
Useful articles
Quick phone search:
Login Password
Save login info
Forgot your password?

Not registered yet?

Cell Phone News
Latest Cell Phone Reviews
Cell phone articles



NewsReviewsPhonesPhone SearchFeedsPartnersLinksContacts
  Copyright 2003-2018 Blog Media, LLC. All Rights Reserved.   Privacy Policy | Terms of Service | Site map
Text, images and all other content on this site may not be copied or republished in any way without formal permission.