AT&T Inc spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Verizon Communications Inc and bidding partners of Dish Network Corp also spending heavily, results showed on Friday.AT&T bid a total of $18.2 billion to win licenses of so-called AWS-3 spectrum; Verizon bid $10.4 billion and T-Mobile US Inc bid $1.8 billion, according to the results released by the Federal Communications Commission.The record $44.9 billion auction, which ended on Thursday, demonstrated the voracious appetite of wireless carriers and other companies for spectrum, which has become a prized commodity as companies race to satisfy the growing consumer demand to stream video and other data-guzzling content.Dish itself did not win any licenses, but it had entered into joint bidding agreements with SNR Wireless LicenseCo LLC and Northstar Wireless LLC, in which it has indirect ownership interest. Those two companies bid a total of $13.3 billion, but had applied to receive a discount as small business entities, bringing their net bid amount to $10 billion.
DISH Network Corporation, is a pay-television (TV) provider, with approximately 14. Shares of DISH fell by 2.51% or $-1.845/share to $71.64. In the past year, the shares have traded as low as $54.31 and as high as $79.57. On average, 2229350 shares of DISH exchange hands on a given day and today's volume is recorded at 6463573.
AT&T Inc. (AT&T) is a holding company. The Company is a provider of telecommunications services in the United States and worldwide. Shares of T traded higher by 0.88% or $0.29/share to $33.25. In the past year, the shares have traded as low as $31.74 and as high as $37.48. On average, 24526700 shares of T exchange hands on a given day and today's volume is recorded at 34709828.
Shares of TMUS traded higher by 3.13% or $0.925/share to $30.48. In the past year, the shares have traded as low as $24.26 and as high as $35.50. On average, 4871980 shares of TMUS exchange hands on a given day and today's volume is recorded at 6364427.
Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ traded higher by 0.28% or $0.13/share to $46.24. In the past year, the shares have traded as low as $45.09 and as high as $53.66. On average, 16760400 shares of VZ exchange hands on a given day and today's volume is recorded at 13828971.
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