Dish Network Wins FCC Approval To Use $9 Billion Worth Of Spectrum

Posted Dec 13, 2012

Dish Network has won FCC approval to use $9 billion worth of spectrum.  There were many companies that wanted to use that spectrum.  Dish Network could either use the spectrum to work on a new LTE wireless service or they could sell the rights to the spectrum to other large wireless companies.  Dish Network bought the spectrum for $2.6 billion from bankrupt companies like TerreStar Networks and DBSD.  Today the spectrum is worth over $9 billion.  Sprint and Google both have an interest in using the spectrum.  The FCC has imposed limits on how much Dish can use because they do not want it to interfere with other spectrum that they are planning to use for a public safety network. [Source: VentureBeat]