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New Street Sees $25B 3.45 GHz Auction

New Street’s Jonathan Chaplin predicts a $25 billion 3.45 GHz auction. “This assumes Verizon drops out and AT&T, T-Mobile, Dish [Network], and others bid aggressively,” the analyst told investors Monday. “If Verizon bids to win,” a $35 billion auction is…

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possible, he wrote: If T-Mobile drops out, “the auction could fail.” The auction starts Tuesday.