Dish Network shells out $1.56 billion at FCC wireless bandwidth auction

Dish Network recently won the bidding for wireless broadband frequencies in all 176 U.S. markets auctioned by the FCC. Dish bid exactly the $1.56 billion it promised the FCC that it would spend in exchange for more flexibility in how it uses other wireless broadband frequencies. While the FCC will be deploying the raised money for the licenses to fund a nationwide wireless communications network for emergency responders, Dish gets another 10 megahertz of spectrum, taking its total spectrum holding to 56 megahertz.