Wireless companies won’t bid up TV spectrum

“Stage three of the forward portion of the FCC’s spectrum auction began and ended Monday when forward auction bidders again refused to up their prices for reclaimed broadcast spectrum. In fact, the total after stage three was lower—$19,676,240,520—because the FCC reduced the amount of spectrum and the bidders simply reduced their demand along with it. That means the FCC will lower its spectrum-clearing target and proceed to stage four of the reverse auction, that will likely start Dec. 13.” Read more at Broadcasting & Cable.



Categories: Law, Regulation

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