In the FCC’s recent incentive auction for spectrum, a total of $41 billion was bid. As expected, the winning bidders tended to be enormous, but this time, exceedingly small Northstar Wireless and SNR Wireless LicenseCo stood out. Both have affiliation with Dish Network, the satellite TV outfit with revenues of $14.6 billion and a market cap of $32 billion. Since Northstar and SNR’s were reportedly penniless and their bids were backed by Dish, the team’s bids were logically bids from a large bidder, Dish Network.
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