Jump to content

Verizon sells 700MHz A&B blocks for $1.9B


bigsnake49
 Share

Recommended Posts

I bet not long now before AT&T sells the rest of their AWS spectrum. I bet T-Mobile picks up a bit of it on the cheap. I think this deal is a good thing, except for the fact that often in these spectrum "divestitures" for Verizon they seem to pick up even more AWS.

Link to comment
Share on other sites

Full List:

 

Chicago, IL

Los Angeles, CA

Miami, FL

Oklahoma City, OK

Cincinnati, OH

Memphis, TN

West Palm Beach, FL

Rochester, NY

Youngstown, OH

Lake Charles, LA

Fort Collins, CO

Bradenton, FL

Alexandria, LA

Billings, MT

Rapid City, SD

Tyler, TX

Longview, TX

Waco, TX

Texarkana, TX

Great Falls, MT

Pueblo, CO

Casper, WY

Utah 1, 4, 5 and 6

Louisiana 1, 2 and 3

Wyoming 2

Washington 2

Idaho 5

Texas 18

Colorado 4

New Mexico 5

Virginia 10

Montana 8 and 9

South Dakota 1

 

They will be leasing Lower Block B in Charlotte, Greensboro and Raleigh-Durham from Grain Management

Edited by bigsnake49
Link to comment
Share on other sites

No, not nationwide. These Lower 700 MHz B block 12 MHz licenses will allow AT&T to double the bandwidth of its LTE 700 network to 10 MHz FDD in certain markets (LA, Chicago, etc.) that are currently spectrum constrained to 5 MHz FDD.

 

AJ

 

Ahh ok, makes sense.

 

Which leads me to believe that Verizon bought that spectrum strictly to sit on it and resell when applicable.

Link to comment
Share on other sites

Ahh ok, makes sense.

 

Which leads me to believe that Verizon bought that spectrum strictly to sit on it and resell when applicable.

 

Oh, I doubt that. The Upper/Lower 700 MHz auction took place nearly five years ago. That is a long time to sit on Lower 700 MHz spectrum just to resell it. Plus, I would have to add up the numbers, but I am not certain that VZW made any profit on its Lower 700 MHz sales. If anything, VZW may have lost money.

 

Here is a comment that I made today to my private telecom discussion group:

 

...VZW originally wanted the Lower 700 MHz licenses for additional capacity. And if VZW had not succeeded in acquiring SpectrumCo-Cox's AWS licenses, then I think that VZW would have utilized its Lower 700 MHz bandwidth.

 

AJ

  • Like 2
Link to comment
Share on other sites

Oh, I doubt that. The Upper/Lower 700 MHz auction took place nearly five years ago. That is a long time to sit on Lower 700 MHz spectrum just to resell it. Plus, I would have to add up the numbers, but I am not certain that VZW made any profit on its Lower 700 MHz sales. If anything, VZW may have lost money.

 

Here is a comment that I made today to my private telecom discussion group:

 

 

 

AJ

 

They paid $4.4B for the lower 700MHz spectrum. I have not added the numbers either but they definitely lost money.

Link to comment
Share on other sites

They paid $4.4B for the lower 700MHz spectrum. I have not added the numbers either but they definitely lost money.

 

You would expect then that analysts would have some choice words for VZW, but I bet that VZW (the "Teflon Don") gets not a whit of criticism, even though it managed to do something almost unthinkable -- lose money on a spectrum investment. If Sprint had done something similar, Craig Moffett would be cheering for Sprint's imminent demise.

 

AJ

  • Like 13
Link to comment
Share on other sites

You would expect then that analysts would have some choice words for VZW, but I bet that VZW (the "Teflon Don") gets not a whit of criticism, even though it managed to do something almost unthinkable -- lose money on a spectrum investment. If Sprint had done something similar, Craig Moffett would be cheering for Sprint's imminent demise.

 

AJ

 

Yeah, that guy... :td:

 

Seriously, why don't one of these investment firms give you a call and see if you would work for them? I know you'd be loath to take such an offer, but why not?

Edited by Fraydog
Link to comment
Share on other sites

Seriously, why don't one of these investment firms give you a call and see if you would work for them? I know you'd be loath to take such an offer, but why not?

 

If a firm or carrier wanted to tap into my decade of independent spectrum analysis experience, I certainly would take the call, listen to the offer. And if I were to accept a position, I would have this message for Craig Moffett:

 

...I can tell you I don't have money. But what I do have are a very particular set of skills, skills I have acquired over a very long career. Skills that make me a nightmare for people like you.

 

;)

 

AJ

  • Like 10
Link to comment
Share on other sites

If a firm or carrier wanted to tap into my decade of independent spectrum analysis experience, I certainly would take the call, listen to the offer. And if I were to accept a position, I would have this message for Craig Moffett:

 

 

 

;)

 

AJ

 

Funny but also very true A.J. Yes, very very true but many people do not think like we do.

Link to comment
Share on other sites

If a firm or carrier wanted to tap into my decade of independent spectrum analysis experience, I certainly would take the call, listen to the offer. And if I were to accept a position, I would have this message for Craig Moffett:

 

 

 

;)

 

AJ

 

I will definitely recommend you!

Link to comment
Share on other sites

You would expect then that analysts would have some choice words for VZW, but I bet that VZW (the "Teflon Don") gets not a whit of criticism, even though it managed to do something almost unthinkable -- lose money on a spectrum investment. If Sprint had done something similar, Craig Moffett would be cheering for Sprint's imminent demise.

 

AJ

 

Well, you could also argue that it was an implicit cost of acquiring AWS. It is highly unlikely that they would have been able to acquire AWS from SpectrumCO+COX if they didn't preemptively offer to divest their lower 700MHz holdings to the FCC as a condition of acquiring more AWS.

 

In a way, they basically showed their hand to AT&T (and others) that this spectrum would be coming on the market. If Verizon just sat on it, when AT&T became spectrum constrained, I imagine they could have profited nicely... but at the same time, if VZN Wireless was spectrum constrained (you can sort of argue they already are), AWS would have cost them more as well.

 

I think the bigger question is - was acquiring the AWS specturm for $3.9 billion+ lower 700MHz sale losses worth it? Would Verizon been better off with the lower 700MHz licenses and the extra cash? I think they needed to get the AWS deal done.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • large.unreadcontent.png.6ef00db54e758d06

  • gallery_1_23_9202.png

  • Posts

    • Or, more simply, have a physical SIM that I can just move from one device to another.  Problem [already] solved.  Carrier doesn't have to be involved at any point in the process. I'll be among many (I'm sure) who will be glad to know if you see it.  Here in the DC area, Dish hasn't really done much yet.  I think I've seen some Dish gear around Richmond, but nothing here. - Trip
    • I like VICE.  They actually report on news no one else is willing to report. A lot of the places they go no sane person would want to be there.  They put their life on the line in many cases to get a story. From stories about the avocado wars in Mexico, being in the front lines against ISIS and Ukraine, to being embedded with terrorist organizations.   FAA might have some conspiracy 5G nut on their team or something.  At work ever year we have some one come in and say "hey, can you turn off the WIFI in my room? I don't want its radiation".  It doesn't make sense and their reasoning is always uneducated conspiracy. I can see someone coming into my office and acting crazy over C band disregarding everything else.
    • I think on esims it depends on how they implement it. If you can freely activate them on one phone while having it loaded on many that would be great.   I will let you know when I see Boost Mobile native 5g live here. So far no sign of even the plmn being active which I figure will be my first indicator. I look at changing networks with the TNX Sim and seem to get a full list of all carriers and their alternate plmns.
    • This is a result of the change I mentioned above, sparked by @PedroDaGr8 trying to log AT&T cells with a non-AT&T SIM that was reporting "out of service" but still capturing cell info. For the moment (subject to change as I keep testing and getting feedback), the "Connecting to" prefix will disappear when you connect in a scenario like that. I may adjust it to show a special prefix like "Limited LTE" or "No Data LTE" to make it more clear what is going on, but I also need to make sure that's only appearing at the proper times. When you were seeing just "LTE" in your screenshots, was there anything unusual about your connection? I see the app indicated you couldn't make calls; could you transfer data? Can you send a diagnostic report next time you see that?   I'm seeing this more frequently, unfortunately -- it has something to do with Android's power saving efforts I believe. Was the app in the foreground when it happened? When the screen updates, the notification and home screen widget are also updated -- but as seen with the widget for the past couple of years, Android doesn't always execute the update. I'm constantly trying to find ways around these limitations, since the app is useless if it's displaying stale data.
    • Bleh, hope not.  The eSIM is a huge step backwards to the bad old days and I have no desire to encourage their use. But in any event, maybe I should get Boost service, then, if people are already seeing it.  I can use it for AT&T until Dish native gear goes live in this area.  Have to ponder that a bit. - Trip
  • Recently Browsing

    • No registered users viewing this page.
×
×
  • Create New...