C-Band Analyst Says Spectrum Auction May Net $50 Billion
- New Street cites Taiwan spectrum sale ‘blowing away’ records
- Analyst says Dish, cable operators may drive U.S. bids higher
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Robust demand for mid-band spectrum across the globe could prove a key indicator that some investors may be undervaluing the C-Band opportunity in the U.S.
According to New Street Research, a domestic C-Band spectrum sale could find satellite operators conservatively netting proceeds of about $50 billion. That positive view stems from Taiwan’s recent auction of the 3.5GHz band, where New Street said the bids were “blowing away expectations.”