US Spectrum Primer Riding the Airwaves

US Spectrum Primer - Part 1: Riding the Airwaves

Davis Hebert, CFA: Co-Head HY Research, Head of Telecom/Media
Hunter Martin, CFA: Head of Media/Cable
Savannah Buzzeo: Analyst, Telecom / Media
Brian McKenna: Analyst, Telecom & Media/Cable

27 May 2026

Download the Full Report to gain insights on:
  • How spectrum enables coverage capacity and broadband convergence across wireless networks
  • What drives valuation across geography frequency mix and supply demand dynamics
  • Why auctions and policy shifts may reshape carrier positioning and capital deployment
  • How satellite and direct to device trends expand spectrum use beyond core telecom
  • Which insights highlight spectrum as a resilient asset supporting long term network investment

Executive Summary

Spectrum knowledge is essential to understanding the evolving connectivity ecosystem today. It supports wireless cable and satellite as networks converge toward broadband access.

The wireless industry depends on spectrum to sustain growth and investment. Cable expansion into wireless highlights competitive overlap and structural limitations.

Upcoming auctions will shape the availability and ownership of key spectrum assets. Market participants are preparing for significant regulatory and competitive developments.

Spectrum assets provide underlying value even when operational performance varies. Strong ownership can support resilience during periods of uncertainty.

Satellite developments introduce new opportunities in direct device connectivity. However full scale deployment remains gradual while long term potential continues to build.

Fill out the below form to view the full article:

Please note that we can only respond to valid business email addresses and the interview is already available to clients.

Stay in the loop with the latest credit insights direct to your inbox