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Satellite providers DirecTV and EchoStar are teaming up under the name Wireless DBS to put down $972.5 million in bids for spectrum. Cable operators Comcast, Cox Communications and Time Warner have joined forces with Sprint Nextel to form a group called SpectrumCo that is bidding $637.7 million for licenses. Cingular Wireless and Verizon Wireless, which already have plenty of spectrum, have also made separate deposits to bid on the spectrum, according to public documents filed with the FCC. These companies are likely bidding to ensure that others don't get the spectrum too cheaply, some analysts say.