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Why CenturyLink May Skip the Upcoming Spectrum Auction

Why CenturyLink May Skip the Upcoming Spectrum Auction

CenturyLink (CTL) has cast doubt over its participation in the upcoming airwaves auction in the United States. The FCC is planning to run two spectrum auctions starting in November. During its second-quarter earnings call, CenturyLink CEO Jeff Storey said that he had no plans to lead the company to a huge wireless spectrum purchase.