The U.S. Federal Communications Commission raised a record $44.9 billion in the auction of so-called AWS-3 airwaves that closed on Thursday, marking the highest point yet in the wireless industry's appetite for more spectrum.Wireless carriers Verizon Communications Inc, AT&T Inc and T-Mobile US Inc, satellite TV provider Dish Network Corp and others vied for new slices of airwaves to satisfy the growing consumer demand for streaming video and other data-guzzling applications.Regulators will disclose the winners of the auctioned spectrum licenses in the coming days.The auction presented the largest opportunity for companies to purchase new wireless spectrum since 2008. But it shattered the expectations of analysts and the FCC, barrelling past the reserve price of $10.1 billion in the first week of bidding and more than doubling the haul of the biggest previous auction.
DISH Network Corporation, is a pay-television (TV) provider, with approximately 14. Shares of DISH traded higher by 2.63% or $1.88/share to $73.41. 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 2074382.
AT&T Inc. (AT&T), is a holding company. The Company is a provider of telecommunications services. Shares of T traded higher by 0.9% or $0.295/share to $32.98. 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 26964856.
Shares of TMUS fell by 1.69% or $-0.51/share to $29.58. 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 5068739.
Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ traded higher by 0.24% or $0.11/share to $46.16. 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 16181901.
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