FCC's H Block Spectrum Ends with $1.56B in Bids
The Federal Communications Commission's spectrum auction for the rights to select airwaves in the 1900MHz PCS band ended Thursday. Total bids for the auction reached $1.564 billion, which was the reserve price set by the FCC. At stake was the H Block of the PCS band, which covers a 10MHz channel: 1915-1920MHz for the uplink and 1995-2000MHz for the downlink. Dish Networks owns spectrum adjacent to the latter of these two blocks and was the most active bidder throughout the course of the auction. The FCC has not formally declared what companies won the licenses in question. "With this successful auction, the Commission makes good on its commitment to unleash more spectrum for consumers and businesses, delivering a significant down payment towards funding the nationwide interoperable public safety network," said FCC chairman Tom Wheeler. "The H Block auction is a win for the American people, and we thank Chairwoman Clyburn for her leadership scheduling it. We also commend everyone who worked so hard to resolve technical issues that made this previously unusable spectrum valuable."
|the only way||bobc74||
This forum is closed.