Revenue Expectations for 600 MHz Auction Take Hit as Sprint Bows Out [telecom]

By Ben Munson, CED, 09/28/2015

Revenue expectations for 2016's 600 MHz broadcast incentive auctions may have taken a hit over the weekend as Sprint opted out.

Sprint announced in a statement that it would not participate in the auction because its current spectrum holdings, largely concentrated in the 2.5 GHz band, are "sufficient."

"Sprint's focus and overarching imperative must be on improving its network and market position in the immediate term so we can remain a powerful force in fostering competition, consumer benefits and innovation in the wireless broadband world," Sprint CEO Marcelo Claure said in a statement. "Sprint has the spectrum it needs to deploy its network architecture of the future."

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Neal McLain