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FCC Looking to Auction Spectrum Sooner Rather than Later

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Jan 7, 2011, 6:32 PM   by Eric M. Zeman   @phonescooper

The Federal Communications Commission has indicated that it hopes to auction off spectrum for wireless broadband use as early as 2012. As part of the government's plan to reallocate 500MHz of spectrum for broadband use, the FCC is looking for television broadcasters to voluntarily give up spectrum they aren't using in exchange for a portion of the revenues generated by the auction. The FCC needs congressional approval before moving forward with this course of action, but FCC chair Julius Genachowski said that it will act quickly once congress passes the law.

more info at Reuters »

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