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Only $22.45 billion had been raised when the FCC ended stage one of the forward auction after two weeks. [60] After the second stage of the reverse auction, the target for stage two of the forward auction was 114 MHz, with the desired goal $54.6 billion, [61] enough for two channels per market. With less spectrum to be purchased, lower demand ...
On April 13, 2017, the FCC released the results of the 600 MHz incentive auction. T-Mobile US was the largest bidder and obtained nationwide low-band spectrum licenses for the first time in their history, with Dish Network, Comcast, and AT&T also gaining licenses in parts of the country.
The FCC placed very detailed rules about the process of this auction of the 698–806 MHz part of the wireless spectrum. Bids were anonymous and designed to promote competition. The aggregate reserve price for all block C licenses was approximately $4.6 billion. [ 22 ]
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.
FCC chairman Ajit Pai has been pressing for an auction of "mid-band" wireless spectrum that could be useful for expanding the reach of 5G, and on Friday the commission voted to approve rules for ...
The FCC will automatically reclaim "unserved portions of the license area" from companies that do not meet the build-out requirements. Not all of the licenses were sold. On April 15, 2011, the FCC announced that they would hold auction 92 on July 19, 2011, to sell the available license of 700 MHz. The results for all of the blocks were as follows:
The FCC just took the next step in the process with a "reverse-auction" that will allocate close to $2 billion over 10 years for telecommunication companies to provide to expand broadband internet ...
The FCC, when auctioning multiple bands, auctions them simultaneously. This allows for a more efficient bidding process, and keeps bands being auctioned at the end of the auction from being over or under valued. An example of this practice was the 700 MHz auction in 2008. While this method raises billions of dollars for the government, there is ...