At&T, Verizon Dominate in Record Airwaves Auction

Summary


WASHINGTON - The two largest cell phone companies dominated bidding in a record-setting government airwaves auction, according to results released Thursday.

AT&T Inc. and Verizon Wireless combined to account for $16 billion of the $19.6 billion bid in the auction, an Associated Press analysis of Federal Communications Commission data shows. Verizon Wireless bid $9.4 billion and AT&T $6.6 billion.

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Extract


At&T, Verizon Dominate in Record Airwaves Auction

The results raised concern that the auction fai...

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