Cablevision’s controlling family exited the FCC’s AWS auction las...
Cablevision’s controlling family exited the FCC’s AWS auction last week. Analysts said the Dolans couldn’t afford spectrum that a rival consortium is bidding for. Dolan Family Holdings had been expected to acquire spectrum for Cablevision to use to sell…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
wireless services over home IP networks (CD Aug 10 p9). Comcast-led SpectrumCo, pursuing similar ends, had the highest bid of $468.2 million in Round 26 for AWS Block B spectrum in the N.Y. area. The Dolans bid on the same block until Round 19, with a high offer of $390.1 million. Dolan Family Holdings dropped out in Round 21. “They were limited in terms of how high they could go,” Miller Tabak’s David Joyce told us: “Price is what forced them to drop out, the same as [with] the Echostar-DirecTV consortium.” Janco analyst Matthew Harrigan said SpectrumCo will likely keep bidding on the N.Y. block. - JM