(credit: Sprint)
Sprint has decided to skip a major auction of low-band spectrum in a move that could save the company billions of dollars but make it harder to compete against cellular market leaders Verizon Wireless and AT&T.
Sprint has more spectrum than the other major nationwide carriers, but not as much of the so-called "beachfront spectrum" in low-frequency bands, which is better for covering long distances and penetrating building walls. A Federal Communications Commission auction scheduled for early next year will shift a large portion of those desirable airwaves in the 600MHz range from TV broadcasters to wireless carriers.
Sprint will not bid on the airwaves, however. Sprint CEO Marcelo Claure said in a statement issued Saturday that the company already "has the spectrum it needs to deploy its network architecture of the future.”
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