FCC Limits AT&T, Verizon Bids in Smartphone-Airwaves Auction
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Regulators set limits on bidding by AT&T Inc. and Verizon Communications Inc. for airwaves to feed the booming smartphone market in a U.S. auction next year.
The Federal Communications Commission today, on a pair of 3-2 votes, decided to reserve some frequencies for competitors of the two largest U.S. wireless providers at a sale that could be the biggest since 2008.