Dish Network May Sell Spectrum, Start Bidding War

Filed under News by Korey Nicholson on February 15, 2013 at 11:43 AM
Dish Network

Dish Network

Dish Network, the famous television provider, owns a chunk of radio frequency that has been allocated for cellular transmissions. However, their deal to create their own wireless services or partner with someone else hit a major snag.

Dish is currently offering $3.30 shares for a minority stake in Clearwire Communications. Sprint-Nextel, which already owns a minority stake in Clearwire, is offering $2.97 shares for the part that it does not already own.

However, from all this news comes a bit of interesting information. Dish stated that if a partner is not found in a reasonable amount of time, they would be open to selling the spectrum to the highest bidder, according to Dish Chairman Charles Ergan. This could shake up the currently race to build up 4G LTE networks and possibly 5G LTE-Advanced networks in the future.

Although Verizon’s 4G LTE rollout is close to a finish, AT&T is still on a buying spree— picking up two smaller carriers in 2012. Both T-Mobile and Sprint have also declared their intentions to have nationwide LTE coverage, the latter converting their WiMax network frequencies. However, a chunk of frequency this large could potentially draw a bidding war for the budding LTE networks.

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