US Spectrum Primer – Part 1: Riding the Airwaves

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.

Recently Published

Research
AllCovenant-ReviewAutosUS CR Quarterly Q1BasicLevFin-InsightsTelecommunicationsMay GMUFinancialsCreditSights-ResearchUtilitiesCase Studiesshow-homeshow-initiation page-homeMunicipalsSLRsTMTAsset Management ResourcesPharmaceuticalsJune GMUEnergyResearchGaming/LeisureWebinar Related ResourceIndustrialsPoliticsMediaUS Special Sits OutlookConsumerTariffsSpecial SituationsEuro Autos: Barbarians at the GatesCorporatePrivate CreditAerospace/DefenseU.S. Autos Expert PanelCovenantsBondsReal EstateEU Special Sits OutlookStrategyPost PetitionServicesJuly GMUESGChemicalsIranAsia in Focus 2H26ESG-HomeEmerging MarketsBanksEM OutlookOutlooks-HomeTransportationConstructionEMEA CR Quarterly Q2TechnologyInsuranceAsia in focus webinarUS CR Quarterly Q2ManufacturingEMEA CR Quarterly Q1Global Credit for ME Investors
MPT 2Q26: Secured Refinancing | Rec Rerack

MPT 2Q26: Secured Refinancing | Rec Rerack

August 14, 20261 min Read More
European Direct Lending Rated Note Feeders
EMEA Insight: Rated feeders offer a road into European direct lending with lighter capital burden

EMEA Insight: Rated feeders offer a road into European direct lending with lighter capital burden

August 14, 20261 min Read More
European Liability Management: Double-O Dropdown, Aston Martin Primes the Bonds Again
European Liability Management: Double-O Dropdown, Aston Martin Primes the Bonds Again

European Liability Management: Double-O Dropdown, Aston Martin Primes the Bonds Again

August 14, 20261 min Read More
Trinseo
US Bankruptcy: Trinseo, excluded lenders square off in confirmation opening arguments

US Bankruptcy: Trinseo, excluded lenders square off in confirmation opening arguments

August 14, 20261 min Read More

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