Dish’s partners surrender some spectrum licenses: WSJ

(Reuters) – Companies associated with Dish Network Corp have surrendered some spectrum licenses to the U.S. government after they were declared ineligible for $3.3 billion in small-business discounts earlier this year, the Wall Street Journal reported. The companies will hold on to about $9.8 billion of the $13.3 billion in licenses they won in an auction by the U.S. Federal Communications Commission in January, the Journal said, citing people familiar with the matter. Dish and partners had invested in separate companies with little to no revenue that can receive a 25 percent discount in auction bidding as "very small businesses." The FCC in August voted to declare Northstar Wireless LLC and SNR Wireless LicenseCo LLC ineligible for the small-business discounts for their bidding.

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