FCC Removes Bidding Blindfold
Jul 28, 2006, 3:22 PM by (staff)
The FCC today announced that the bidders for the AWS spectrum due to start August 9 have been finalized. 168 Bidders have qualified, more than two-thirds of which have qualified for modified discounts. Because the ratio of those eligible for discounts to those ineligible is 3:1, the FCC has suspended the modified blind bidding rules it had intended to impose on this auction. Bidders will be able to see the names and bids for each round. New designated entity rules will remain in place, and any company reselling or leasing over 50% of the spectrum won in this auction will be ineligible for discounts.
FCC Denies Dish $3.3 Billion in Auction Discounts
The FCC has officially and unanimously rejected Dish Network's $3.3 billion in AWS-3 spectrum auction discounts. Dish used three smaller companies, in which it owned an 85% stake each, to place bids on its behalf.
FCC Likely to Reject Dish's Auction Discounts
The FCC is prepared to reject Dish Network's $3.3 billion in auction discounts, reports the Wall Street Journal. Dish used three smaller companies to place bids on its behalf.
FCC Embraces New Auction Rules for Designated Entities
The FCC today formally adopted a Report and Order that makes changes to how small businesses participate in spectrum auctions. The changed rules are a response to Dish Networks' use of designated entities to place bids on its behalf in the AWS-3 auction earlier this year.
FCC to Fix Auction Bidding Rules for Designated Entities
The FCC is moving forward with plans to alter how companies use designated entities in spectrum auctions and qualify for discounts. The existing rules have been under fire since the close of the AWS-3 spectrum auction wherein Dish Networks won $13 billion in spectrum by bidding through smaller entities.
T-mobile's time to shine? Heard they were forking out a lot of money in this auction. Think they will buy the most?
Isn't it "Do or Die" this round for Tmobile?