CenturyLink: We won't buy spectrum at auction [telecom]

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By Mike Dano

CenturyLink continues to investigate how it might deploy wireless technology to reach customers more easily in rural areas, but don't expect the company to purchase significant chunks of spectrum to do so.

"If you look at unlicensed spectrum in the rural, it's not as much of a problem as unlicensed spectrum in an urban market," said CEO Jeff Storey during CenturyLink's recent quarterly conference call with analysts, according to a Seeking Alpha transcript of the event. "I don't see us going out and being a major buyer of spectrum in wireless, but we're open to how do we best serve our customers and what things make sense."