Time Warner: JV may bid in AWS auction
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Time Warner Cable CEO Glenn Britt told the audience at the company's investors conference today that Time Warner and its fellow cable TV partners in a multimedia joint venture with Sprint may bid on wireless spectrum that will be available beginning June 29 in the Federal Communications Commission's Advanced Wireless Services auction.
He said the companies are filing an application to participate in the auction, though the filing of the application does not require Time Warner or its partners Advance/Newhouse and Cox Communications to actually bid in the auction.
Several telecom industry firms are still evaluating the possibility of participating in the auction, which covers roughly 90 Mhz of spectrum between 1.7 Ghz and 2.1 Ghz.
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