Aug. 10 at 5:43 PM
$SSP CEO said that they were sitting on a gold mine of spectrum. It is only increasing in value he says. The CEO of SBGI said the same. The debt of SBI is
$4.5 billion but he estimates their spectrum worth
$4.1 billion. Here’s what he added.
“On spectrum, Ripley said Sinclair sees significant value in its holdings and described a floor valuation of more than
$2.50 per MHz-pop, implying about
$4.1 billion for the portfolio. He said possible paths include an auction, a negotiated sale, or a lease arrangement.”
An analyst a year or two ago, said one of the paths to unlock major value was to lease their spectrum to the telephone companies for data and other uses. It is already known that SPCX will be a major bidder in 2028. If they struck a leasing deal in the meantime, with the major broadcasters and a little fill-in, they could cover 100% of the United States now. Watch for big news soon.
