FCC 700 MHz Auction Begins Today
Today marks the start of Auction 73, which is for five blocks of spectrum in the 700MHz band. The blocks, named A through E, all have different characteristics, each with its own reserve price, ranging from $904 million to $4.6 billion. If the reserve prices of any of the blocks aren't met, the FCC will re-auction them and possibly remove any conditions applying to the block. The largest of them, Block C, contains two 11MHz pairs for a total of 22MHz. Block C is also made up of fewer regions, so it is a highly sought after block because it will help the winner create a bigger network. The entire bidding process is completely secret. Bids will be taken every business day in three rounds. The highest bid will be revealed at the end of each round, but not the identity of the highest bidder. The auction will not end until no more bids are made. Only then will the winners be revealed. The process could take over a month to complete. This spectrum is important because it is among the last that can be used for consumer services.
Incentive Auction Scheduled for March 29, 2016
The FCC today finalized the rules for the 600MHz reverse incentive auction and set the start date as March 29, 2016. The rules adopted are extensive and address how spectrum will be priced, auctioned, and apportioned to bidders.
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.
Second Round of FCC Incentive Auction Fizzles Out
The second round of the FCC's reverse auction ended suddenly in just a few hours due to lack of demand. Earlier this month the FCC lowered the targeted clearing cost of the spectrum licenses to $54.6 billion.
T-Mobile, US Cellular Named FCC Incentive Auction Winners
The FCC today marked the official end of the incentive auction for 600 MHz airwaves. The agency said 50 wireless companies bid a cumulative $19.8 billion on some 70 MHz of spectrum that was put on offer by 175 television stations.
Go get em Sprint