T-Mobile, Dish Stakes High In TV Spectrum Auction Endgame

The spotlight shifts to AT&T (T), Verizon Communications (VZ), T-Mobile US (TMUS) and other registered bidders next week in a government spectrum auction, after TV broadcasters again reduced their asking price for prime wireless airwaves, this time to $40.3 billion.

In two earlier rounds, TV broadcasters initially sought $86 billion for 100 megahertz of usable radio spectrum, then dropped their asking price to $54.6 billion for 90 MHz. If bidders agree to pay at least $40.3 billion combined,...

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