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Thursday, January 29, 2015

U.S. FCC spectrum auction ends, raises record $44.9 billion, (NASDAQ: DISH), (NYSE: T), (NYSE: TMUS), (NYSE: VZ)

The U.S. Federal Communications Commission raised a record-breaking $44.9 billion in the auction of so-called AWS-3 airwaves that closed on Thursday, far surpassing experts' and analysts' expectations. The regulators will disclose winners of the auctioned spectrum licenses in coming days. Major bidders included wireless carriers Verizon Communications Inc, AT&T Inc and T-Mobile US Inc and satellite TV provider Dish Network Corp.

DISH Network Corporation, is a pay-television (TV) provider, with approximately 14. Shares of DISH traded higher by 0.89% or $0.64/share to $72.17. In the past year, the shares have traded as low as $54.31 and as high as $79.57. On average, 2206560 shares of DISH exchange hands on a given day and today's volume is recorded at 857318.

AT&T Inc. (AT&T), is a holding company. The Company is a provider of telecommunications services. Shares of T traded higher by 0.03% or $0.0099/share to $32.69. In the past year, the shares have traded as low as $31.74 and as high as $37.48. On average, 24389500 shares of T exchange hands on a given day and today's volume is recorded at 11560533.

Shares of TMUS fell by 1.66% or $-0.5/share to $29.59. In the past year, the shares have traded as low as $24.26 and as high as $35.50. On average, 4849520 shares of TMUS exchange hands on a given day and today's volume is recorded at 2235375.

Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ fell by 0.98% or $-0.453/share to $45.60. In the past year, the shares have traded as low as $45.09 and as high as $53.66. On average, 16640700 shares of VZ exchange hands on a given day and today's volume is recorded at 8866885.



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