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Sprint to sit out US airwaves auction set for early 2016

Published Sun, Sep 27, 2015 · 09:50 PM
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New York

SPRINT Corp will not join the US government's auction of airwaves set for early 2016, as it has adequate airwaves to currently build out its network and for its future needs, the company said on Saturday.

The US Federal Communications Commission is gearing up to auction off valuable 600 megahertz airwaves that can travel long distances and penetrate buildings, to wireless carriers, which are clamouring for faster speeds for data-guzzling customers.

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