NEW YORK (TheStreet) -- AT&T edged lower Thursday, despite a report that its rival T-Mobile is likely to lose its request to gain an opportunity to bid on more spectrum for its channels. Sirius XM Holdings tumbled after a court awarded class-action status to plaintiffs in a copyright lawsuit. AT&T fell 0.43% to close at $34.80. Must Read: 10 Stocks Billionaire John Paulson Loves Regulators with the Federal Communications Commission are likely to reject T-Mobile's request for more spectrum to be allocated to smaller wireless carriers such as itself when a spectrum auction is held next year, according to a Reuters report.
At&t Falls Despite Less To Fear From T-mobile, Sirius Xm Drops Amid Class-action Lawsuit
twocents@thestreet.com (Dawn Kawamoto), The Street
Thu, 05/28/2015 - 6:00pm
Topics: york thestreet sirius xm holdings stocks billionaire john paulson loves regulators federal communications commission fcc u.s verizon communications the turtles september warren buffett's top dividend stocks telecommunications t at&t t-mobile sirius xm holdings sirius at&t read reuters click class-action lawsuit spectrum auction report plaintiffs copyright carriers tumbled industry awarded judge airwaves smaller year
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