FCC Qualifies 23 Bidders in Upcoming Auction 96
The Federal Communications Commission today announced the list of companies that have been qualified to participate in Auction 96, which kicks off later this month. The auction will sell 176 licenses for the H Block spectrum, which falls in the 1915-1920MHz and 1995-2000MHz bands. Some of the qualified entities include American H Block Wireless, Michigan Wireless, NE Colorado Cellular, Spotlight Media Corp., and others. The FCC also disqualified a handful of potential bidders, including Cellular South, McBride Spectrum Partners, and Union Telephone Company. All the qualified bidders have been given instructions on how to bid and what their obligations are to participate. The FCC will hold a mock auction, to test the bidding process, on Friday, January 17. Official bidding for the auction begins January 22.
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 Says Applications for Incentive Auction Due Today
Today marks the deadline for companies planning to participate in the upcoming reverse auction to file their applications. The FCC will accept entries until the end of the day.
FCC Incentive Auction Racks Up $86B In Clearing Costs
The FCC today said that the reverse portion of its incentive auction is now complete. Bidding for 600 MHz television airwaves is over, and the cost to clear the 126 MHz spectrum target exceeded $86.4 billion.
FCC Reverse Auction Drops Clearing Price to $54.6B
The FCC has wrapped up the initial phase of stage two of its incentive auction for 600 MHz airwaves, and drastically lowered the price for that spectrum. The initial clearing cost for all the 600 MHz spectrum was $86.4 billion, but bidders failed to come even close during the first round of bidding.