Sprint won't bid in major FCC spectrum auction next year, says it has enough

Earlier this year, the government spent a lot of time convincing TV broadcasters to give up wireless spectrum to cell carriers, who forked over a lot of money for those airwaves. The wireless networks are expected to shell out even more money for more spectrum at the beginning of next year.

Sprint, the fourth-place carrier among the United States’ big four, says it won’t be participating in that auction. In a statement issued Saturday, CEO Marcelo Claure said that “Sprint’s focus and overarching imperative must be on improving its network and market position in the immediate term.”

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Source: The Verge - Tech Posts http://ift.tt/1FzS00z

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