The Wall Street Journal47d agoneutral
Verizon, T-Mobile Big Winners in FCC Spectrum AuctionThe Federal Communications Commission’s first spectrum auction after a four-year hiatus. brought in upwards of $3.5 billion in total, the agency said.
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Reuters47d agoneutral
Verizon bids $3.2 billion to win US spectrum licensesVerizon Communications successfully bid nearly $3.2 billion for wireless licenses in a Federal Communications Commission auction for mid-band spectrum, the agency said Friday. AT&T, T-Mobile and Space X also won spectrum licenses in the auction that raised about $3.5 billion. T-Mobile successfully bid $278 million, T-Mobile $121 million and Space X $8.5 million, the FCC said.
Barchart56d agoneutral
Stocks Retreat as Fed Signals Possible Higher Interest RatesThe S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.99%. June E-mini S&P futures (ESM26 ) fell -1.19%, and June E-mini Nasdaq futures...
Reuters90d agoneutral
FCC approves Verizon's $1 billion spectrum purchaseWASHINGTON, May 14 () - The Federal Communications Commission said Thursday it has approved Verizon's 2024 $1 billion deal to acquire some spectrum assets from U. Cellular to expand its network capacity and coverage.