Verizon Bids $5 Billion in Hypothetical Spectrum Auction
Apr 8, 2004, 5:14 PM by (staff)
In an attempt to derail a current proposal before the FCC involving Nextel, Verizon today told the FCC it would bid $5 billion for 10 MHz of nationwide spectrum in a hypothetical auction. The move is the latest jab in a heated fight over how to resolve interference issues between Nextel and public safety radio systems in the 800 MHz band. Under the current proposal before the FCC, Nextel would pay only $2 billion for the new spectrum in the 1900 MHz band. The FCC may make a decision on the issue at a meeting next Thursday.
|Another point of view||Rich Brome||
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