Click to Skip Ad
Closing in...
  1. Amazon Dash Smart Shelf
    15:16 Deals

    I’m obsessed with this Amazon gadget you’ve never heard of – and it&#821…

  2. Prime Day Deals 2021
    04:05 Deals

    Amazon Prime Day deals 2021: See hundreds of the best deals right here

  3. Prime Day Nest Thermostat Deal
    16:28 Deals

    The newest Nest Thermostat rarely goes on sale, but it’s $99.98 for Prime Day

  4. Amazon Gift Card Prime Day Deals
    07:58 Deals

    Free money is definitely Amazon’s hottest deal of Prime Day 2021

  5. MyQ Smart Garage Door Opener
    08:38 Deals

    Epic Prime Day 2021 deal: MyQ smart garage opener is on Amazon for $17

Sprint still scrounging for more spectrum despite vast potential holdings

February 22nd, 2013 at 8:00 PM
Sprint Spectrum Acquisitions

Even though Sprint (S) could soon have a commanding advantage over its rivals in terms of spectrum holdings, CEO Dan Hesse still isn’t satisfied. Bloomberg reports that Hesse and Sprint are still plotting ways grab more spectrum even if the company succeeds in fully purchasing Clearwire and boosting its total mobile data spectrum portfolio to an industry-leading 184MHz.

“Clearwire would give us a strong spectrum position for a period of time,” Hesse tells Bloomberg. “But we also have a very long-term view, and we would want to acquire more spectrum.”

Hesse says that Sprint is looking under every nook and corner to find new spectrum, whether it comes from deals with other spectrum-holding companies or from aggressively bidding in government auctions. Bloomberg notes that Sprint’s acquisition by Japanese wireless provider Softbank (SFTBY) has helped the company take the gloves off in terms of acquisitions over the past six months, as the company hadn’t made any significant spectrum buys in the year leading up to the merger.

Freeing up more airwaves for wireless carriers is a big goal for both the wireless industry and the Federal Communications Commission, especially since a recent study showed that American LTE speeds lag behind the speeds in several other developed countries due to a shortage of available contiguous spectrum.

Popular News