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A spectrum auction is a process whereby a government uses an auction system to sell the rights to transmit signals over specific bands of the electromagnetic spectrum and to assign scarce spectrum resources. Depending on the specific auction format used, a spectrum auction can last from a single day to several months from the opening bid to the ...
The United States 700 MHz FCC wireless spectrum auction, officially known as Auction 73, [1] was started by the Federal Communications Commission (FCC) on January 24, 2008 for the rights to operate the 700 MHz radio frequency band in the United States. The details of process were the subject of debate among several telecommunications companies ...
Each bidder in the forward auction was required to bid on 95 percent of census blocks in which an interest was shown. [58] As of August, Comcast, AT&T, T-Mobile, Verizon and others had submitted bids for 100 MHz of spectrum in the forward auction totaling over $11 billion, with the goal $88.4 billion. [59]
What Happened: The Federal Communications Commission(FCC) said that the auction net winning bids resulted in $81.11 billion, with 21 bidders winning all of the available 5,684 licenses.
Today we schedule our first 5G auction and finally get out of the starting gate." The CTIA, a telecoms industry body, said it "applauds the FCC for moving forward with the first high-band spectrum ...
Intelsat (I) shares tank 56.6% in the past two days as investors resort to panic selling with the telecom regulatory authority dismissing its plans for private auctioning of C-Band spectrum.
Of the 214 applicants approved to bid in the FCC's auction, 101 walked away with spectrum. Verizon Wireless's winnings covered seven of the 10 regional C-Block licenses, as well as 77 licenses in the B Block and 25 licenses in the A Block. AT&T Mobility spent $6.64 billion for 227 B-Block licenses. [8]
Craig Warga/Bloomberg via Getty Images By Alina Selyukh WASHINGTON -- The Federal Communications Commission has denied T-Mobile US' request for more airwaves to be set aside for smaller wireless ...