T-Mobile Might Need to Auction Off Dish’s Low-Band Spectrum
Previously, Dish disclosed its financial status and worries about being able to “continue as a going concern” in an SEC filing. With its large debt due this year, the cable company has “substantial doubt” on its future. Because of this, Dish will no longer be able to purchase the 13.5MHz low-band 800MHz spectrum given to it by T-Mobile. The deal was supposed to cost $3.59 billion. The two companies had an agreement in October to extend this … [read full article]