High-Band Auction Applications Due; Cowen Sees Dish as Big Wildcard
Initial applications to bid in the FCC’s first high-band spectrum auctions were due 6 p.m. EDT Tuesday. The agency eventually will publish a list of short-form applications, both those deemed complete and incomplete. The 28 GHz auction starts Nov. 14…
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and 24 GHz auction about one month after completion of the 28 GHz auction. Cowen’s Paul Gallant wrote investors earlier Tuesday that one big question is whether Dish Network will jump in. “If Dish submits an application, it could complicate any merger or spectrum sale discussions with wireless carriers” because of anti-collusion rules, he noted: But talks are still possible as long as a company “cordons off its bidding team from its deal team.” Gallant is also watching other non-carriers that file applications. “No pre-auction analysis would be complete without noting the distant possibility of Amazon, Google or some other deep-pocketed, non-traditional bidder jumping in,” he said. Dish has gone big in other auctions, especially the AWS-3 and TV incentive auctions.