SAN DIEGO—Leap Wireless International Inc. said it will not participate in the Federal Communications Commission’s proposed auction of spectrum in the 700 MHz band. The company noted its decision was due to the FCC’s announcement last Friday to delay the auction of the upper 700 MHz spectrum band until next January and proceed with the lower band auction next month.
Leap filed a Form 175 earlier this month preserving its option to participate in the auction, but it explained that a “bifurcated 700 MHz auction is not favorable for the company.”
