Here is a statement from DISH on this...
DISH Statement on AWS-3 Auction Results
Release Date:
Monday, February 2, 2015 11:18 am MST
Terms:
Dateline City:
ENGLEWOOD, Colo.
ENGLEWOOD, Colo.--(
BUSINESS WIRE)--DISH Network Corp. (NASDAQ: DISH) issued the following statement today regarding the Federal Communications Commission’s (FCC) AWS-3 auction (Auction 97):
DISH STATEMENT ON AWS-3 AUCTION RESULTS
DISH Network Corp. (NASDAQ: DISH) issued the following statement today regarding the Federal Communications Commission's (FCC) AWS-3 auction (Auction 97):
"We respectfully disagree with the criticism of the Designated Entity program, and we are confident that we fully complied with the DE rules in the AWS-3 auction, which were unanimously approved by the full Commission. The DE program has been successful in providing much smaller entities the ability to access stronger capital structures, which has facilitated their meaningful participation in an auction process from which they would otherwise be precluded. Our approach — publicly disclosed ahead of the auction — was based on DE investment structures that have been approved by the FCC in past wireless spectrum auctions, including structures used by AT&T and Verizon."