AT&T Inc. and Verizon Wireless have both completed successful bids for prime B Block spectrum in the FCC auction. Combined with the Aloha Partners transaction, which closed earlier this year, AT&T has supplemented its holding of high-quality spectrum and continues to have a leading spectrum position in the industry.

"AT&T’s strong spectrum holdings position the company to further enhance the quality and reliability of existing wireless broadband and voice services, and to set the foundation for new-generation wireless broadband technologies and services." said Ralph de la Vega, president and CEO of AT&T’s wireless unit.

Upon final award of this spectrum, the company’s 700 MHz spectrum will cover 100 percent of the top 200 markets. Combined with the spectrum previously purchased in the AWS auction, AT&T will have quality spectrum available for new services covering 95 percent of the U.S. population. With this spectrum we can continue to deliver the latest technology and best-in-class services to our customers as the wireless industry grows and evolves.

Verizon Wireless issued the following statement today in connection with the Federal Communication Commission’s announced results of Auction 73: "We are very pleased with our auction results. Specifically, we were successful in achieving the spectrum depth we need to continue to grow our business and data revenues, to preserve our reputation as the nation’s most reliable wireless network, and to continue to lead in data services and help us satisfy the next wave of services and consumer electronics devices.

"The bids we won include a nationwide spectrum footprint covering 298M Pops, plus 102 licenses for individual markets covering 171M Pops. In compliance with the FCC’s anti-collusion quiet period rules, Verizon Wireless cannot comment further until that period ends."

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