According to a new report by Reuters, the Federal Communications Commission will likely choose to ignore T-Mobile US Inc TMUS 1.46%‘s request to further limit the purchasing power of AT&T Inc. T 0.75% and Verizon Communications Inc. VZ 0.2% during the upcoming 2016 spectrum auction.

Citing people familiar with the matter, Reuters reported that the FCC is comfortable with the opportunities that smaller competitors, such as T-Mobile and Sprint Corp S 0.43%, will have against the two dominant telecom players in the airwave auction.

The Auction

The auction will provide participants their first opportunity to purchase low-frequency airwaves since 2008. These low-frequency air waves are ideal for transmitting large data loads over long distances or through physical barriers such as buildings. With the exploding consumer demand for data transmission, low-frequency air waves are prized possessions for the top names in the industry.

Limits Already In Place

According to the FCC, AT&T and Verizon already control…

Read the rest of this article (and all my other articles) for free on Benzinga by clicking here

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!