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Wednesday, October 1, 2014

Big U.S. wireless carriers, Dish plan bids in airwaves auction, (NYSE: BLK), (NASDAQ: DISH), (NYSE: T), (NYSE: TMUS), (NYSE: VZ)

Three of the four largest U.S. wireless carriers and satellite provider Dish Network Corp plan to bid in the Federal Communications Commission's November auction of airwaves, according to initial applications released on Wednesday.As expected, the largest U.S. wireless carrier Verizon Communications Inc, No. 2 AT&T Inc, No. 4 T-Mobile US Inc and Dish appeared to be the largest companies to indicate an interest in bidding in the upcoming auction of frequencies known as AWS-3.Applications from Northstar Wireless LLC and SNR Wireless LicenseCo LLC reported they had entered bidding agreements with Dish, which had indirect ownership interest in both companies.Northstar's disclosures showed direct and indirect ownership interest by Alaska Native corporation Doyon Ltd and indirect ownership interest by financial firm Catalyst Investors. Asset manager BlackRock Inc had membership shares in SNR, according to the documents.

BlackRock, Inc. (BlackRock) is an investment management firm. Shares of BLK fell by 1.55% or $-5.08/share to $323.24. In the past year, the shares have traded as low as $262.68 and as high as $337.65. On average, 568265 shares of BLK exchange hands on a given day and today's volume is recorded at 808324.

DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH fell by 1.52% or $-0.98/share to $63.60. In the past year, the shares have traded as low as $45.20 and as high as $67.50. On average, 1428880 shares of DISH exchange hands on a given day and today's volume is recorded at 2523358.

AT&T Inc. (AT&T), is a holding company. The Company is a provider of telecommunications services. Shares of T fell by 0.79% or $-0.28/share to $34.96. In the past year, the shares have traded as low as $31.74 and as high as $37.48. On average, 19546400 shares of T exchange hands on a given day and today's volume is recorded at 28857946.

Shares of TMUS fell by 2.63% or $-0.76/share to $28.11. In the past year, the shares have traded as low as $24.90 and as high as $35.50. On average, 4833070 shares of TMUS exchange hands on a given day and today's volume is recorded at 4451870.

Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ fell by 1.12% or $-0.56/share to $49.43. In the past year, the shares have traded as low as $45.45 and as high as $53.66. On average, 13383900 shares of VZ exchange hands on a given day and today's volume is recorded at 16816120.



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