Bidders Locked For Auction 58
Jan 12, 2005, 2:42 PM by (staff)
The FCC yesterday announced the final list of qualified bidders for Auction 58, the upcoming sale of PCS spectrum. On the block are 242 licenses in the 1900 MHz band that were previously held by bankrupt Nextwave Telecom. The auction starts January 26th and ends whenever companies stop bidding. 119 of the licenses are set aside for "designated entities", a category designed to allow smaller companies to compete for licenses. However, most of the major carriers, including Verizon, T-Mobile, Sprint, and Cingular, have partnered with a "designated entity" to allow them to bid for such licenses essentially by proxy. Verizon and T-Mobile are expected to be the most aggressive bidders, as both need spectrum to expand or build 3G networks.
Dish's Designated Entities Give Up 197 Spectrum Licenses
Northstar Wireless and SNR Wireless LicenseCo surrendered 197 AWS-3 spectrum licenses and paid a $413 million fine to the FCC for defaulting on their $3.3 billion payment. Dish Networks participated in this year's auction through Northstar and SNR.
FCC Names Final Set of Reverse Auction Bidders
The FCC today published a list of the 62 bidders who've made upfront payments and qualified to bid in the reverse auction for low-band TV spectrum. As expected, the list contains familiar names, such as AT&T, T-Mobile, U.S.
FCC Awards Spectrum Licenses to AWS-3 Bidders
The FCC today officially granted some winning bidders in the AWS-3 spectrum auction the licenses allowing them to take ownership of the airwaves. The AWS-3 spectrum auction concluded earlier this year, with AT&T, Dish Networks, T-Mobile, and Verizon Wireless the top four bidders.
AT&T Proposes Caps for Designated Entities
AT&T and a handful of other carriers today asked the FCC to consider a new way to define designated entities and small businesses in spectrum auctions moving forward. The proposal follows Dish Networks' use of designated entities — or small companies — to bid for spectrum in the AWS-3 auction on its behalf.
Let the Bidding Begin
Location of Spectrum...
Wed Jan 12, 2005 03:02 AM ET
WASHINGTON (Reuters) -
The airwaves being auctioned cover major cities such as Los Angeles, Denver and Orlando as well as smaller markets like McAllen, Texas, and Lynchburg, Virginia.
The licenses to be auctioned were once held by now-bankrupt NextWave Telecom Inc. It agreed to return them to the FCC as part of a settlement over money that NextWave owed for the licenses, which it won at auctions in the late 1990s.