Argus states after spectrum purchase by VZ from cable companies VZ has advantage over T
Not at clear, they're too happy sleeping on top of their cash pile of spectrum. They think they (clear) have the maximum advantage...only thing is that their pps could go to 0 before they wake up. They need to make atleast 1 spectrum deal to establish their true enterprise value in the market - it will also help reduce their debt and improve their ebit and the pps and therefore the takeover value. zzzzzzzzzz....sweet dreams.
AT&T (T) tried to get spectrum by attempting to buy T-Mobile. It failed. It cannot buy spectrum from Clearwire since Clearwire is controlled by Sprint. T can get spectrum through fresh government auction or buying Clearwire's spectrum on bankruptcy.