Craig Moffett, an analyst with MoffettNathanson said that optimism over broadcaster windfalls in next year’s spectrum auction could be very misplaced since it is premised on a belief that the wireless business is healthy enough to spend like it did in the AWS-3 auction. “The reality is the companies are not generating enough cash to be able to sustain the kinds of purchases that they made in the AWS-3 auction and to try to do it again,” said Moffett at the State of the Net Wireless Conference on Monday in Washington.
December 11, 2023
Editor on Duty: Mark K. Miller
Customer Success Specialist (Creative Services)
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