Bidders In 700 MHz Auction Materialize
A partial list of bidders in the upcoming FCC 700 MHz spectrum auction has surfaced. Confirmed bidders include AT&T, Cox Communications, Denali Spectrum License (owned in part by Leap Wireless), Frontline Wireless, Google, and Verizon Wireless. Others are likely to emerge over the coming weeks. Some companies not participating in the auction include Clearwire, Sprint, and T-Mobile. The 700 MHz auction will begin January 24 of next year and bidding companies have until December 28 to submit their up-front payments. Bidding is expected to start at $4.6 billion.
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 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.
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.
Google to Sit Out Incentive Auction
Google will not participate in next month's spectrum auction, says the company. The deadline to file applications for the auction passed on February 10.
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