Deutsche Telekom sees results of U.S. wireless spectrum auction in second half

Deutsche Telekom expects the results of an auction of wireless airwaves in the United States in the second half of the year, its chief executive told shareholders on Wednesday. The auction, which is aimed at repurposing low-frequency spectrum relinquished by television broadcasters to wireless companies and other bidders seeking new airwaves to build and improve wireless networks, started end-March. "We expect the results in the second half of the year," Deutsche Telekom's Chief Executive Tim Ho