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Wireless Chiefs Plead For More Data Capacity

By Greg Bensinger Of DOW JONES NEWSWIRES Wireless company chiefs used a major industry conference to prod regulators to free up more airwaves to help relieve what they describe as a crippling data capacity crunch. Executives from Verizon Wireless and T-Mobile USA said the future of data use, such as streaming video and photos, is at risk if more airwaves, or spectrum, aren't put to use. Verizon Wireless Chief Executive Dan Mead, speaking at the CTIA conference in New Orleans, said the largest carrier will be maxed out in some markets as early as next year and most others by 2015. The carrier is seeking regulatory authority to buy $3.9 billion worth of spectrum from a group of cable companies. "We will put this spectrum to use quickly," he said. For T-Mobile's part, "we require more spectrum, more technologies to manage capacity," said CEO Philipp Humm. The carrier had hoped to be bought by AT&T Inc. (T) last year as part of a $39 billion bid that was ultimately stopped by regulators. Humm said average monthly data use on T-Mobile's network has risen more than five-fold over the past two years. Earlier on Tuesday, Federal Communications Commission Chairman Julius Genachowski defended the agency's decision to stop the AT&T deal. "Some have argued that transactions--let's be frank, one transaction--is somehow causing a shortage," Genachowski said at the conference. "But the overall amount of spectrum hasn't changed." -By Greg Bensinger, Dow Jones Newswires; greg.bensinger@dowjones.com; 212-416-4676

Stock News for Sprint Nextel (S)
DateTimeHeadline
05/14/201310:50:12Dish Plans $2.5 Billion Debt Sale for Sprint Bid
05/13/201313:10:04Egan-Jones Backs Sprint Bid for Clearwire
05/12/201323:50:34SoftBank Warns Banks on Rival Sprint Bid
05/10/201310:50:05Proxy Firms Differ on Sprint's Clearwire Bid
05/10/201309:14:05Proxy Adviser ISS Recommends Clearwire Holders Vote For Sprint...
05/09/201318:20:12Sprint Wouldn't Allow Clearwire Bankruptcy
05/09/201312:50:10AT&T Launches New Venture in Prepaid Service
05/09/201312:38:30AT&T Launches New Venture In Prepaid Service
05/08/201317:02:38Green Mountain 2nd-Quarter Profit Rose 42% On Stronger Sales...
05/07/201323:20:13Sprint Has Questions About Dish Offer
05/06/201312:00:07Sprint, Time Warner Unit Form Mobile Alliance
05/06/201311:31:06Sprint, Time Inc. Form Mobile Content, Advertising Alliance
05/06/201309:20:05Clearwire Says Sprint Deal Best for Minority Shareholders
05/06/201309:11:31Clearwire Reiterates Sprint Deal Is Best Option for Minority...
05/03/201314:30:14Clearwire Shareholders to Press for Higher Buyout
05/02/201310:50:06Sprint Sets Date for SoftBank Deal Vote
05/01/201310:40:11T-Mobile USA Makes Trading Debut After Closing MetroPCS Deal
04/30/201304:30:11SoftBank Won't Raise Bid for Sprint
04/29/201312:40:25SoftBank Lets Sprint Gather More Info from Dish
04/26/201318:11:34Aurelius Files Suit to Block Clearwire-Sprint Deal

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