AT&T has done some 60 spectrum deals in...

AT&T has done some 60 spectrum deals in recent years and is in good shape headed into the AWS-3 and TV incentive auctions, Chief Financial Officer John Stephens said Wednesday at a J.P. Morgan financial conference. But he also sounded bullish on AT&T participation in both major auctions (CD May 16 p5). “We certainly look forward to participating not only in the AWS-3 but in the broadcast spectrum [auction],” Stephens said. “The really critical observation for us is that we believe that auctions will be competitive and we believe the strong balance sheet, particularly in our industry … is going to be real competitive advantage in that bidding process.”