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FCC 700 MHz Auction Begins Today

Article Comments  15  

Jan 24, 2008, 11:26 AM   by Eric M. Zeman   @phonescooper

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.

more info at Engadget »
more info at RCR News »

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Comments

This forum is closed.

This forum is closed.

Shoota

Jan 24, 2008, 12:54 PM

Go get em Sprint

blahh.. jk gotcha Cool
Sprint needs more than more spectrum. They JC to dig them out of the hole their in!!!
...
Them and T-mob didn't even sign up to bid.
AvgJoe

Jan 24, 2008, 11:36 AM

GO GET EM GOOGLE.......

Enough said...
Kick some ATT and Horizon A$$
Sprint_Dew

Jan 24, 2008, 11:54 AM

Who needs the Spectrum most?

...
i say t-mobile does.
...
 
 
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