Federal Communications Commission Chairman Tom Wheeler is proposing to limit the amount of airwaves any single company can purchase at the largest U.S. spectrum auction since 2008, a person briefed on the plan said.
Top U.S. wireless carriers AT&T Inc. and Verizon Communications Inc. have said curbs will reduce revenue the government reaps from next year’s planned sale, and unfairly favor smaller competitors Sprint Corp. and T-Mobile US Inc.