The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Spectrum Auction Is Really Close To Ending; Winners May Be Revealed Soon

  • Comments Comments (View)
  • Text Size: A A

As the FCC’s spectrum auction enters its seventh week, analysts say bidding has slowed so much, it will close in only a matter of days, Fortune reports. The government auction, which is selling off airwaves for the next generation of wireless broadband, started Jan. 24, and has received $19.6 billion in bids.

SEE ALSO: Spectrum Auction Slowly Coming To A Close

Of the five blocks for sale, the C-block has been the most popular, and will require the owner to build an open-access network that will allow consumers to use any application or any compatible device. Verizon Wireless (NYSE: VZ) is widely expected to be the winner of that block, but bidding is anonymous so no one knows for sure. The controversial D-block, which requires the owner to build-out a portion of the spectrum for public safety networks, has been unsuccessful in getting a large enough big to surpass the minimum level. It’s the D-block that could delay the announcements of who the winners are, Fortune reports. Analysts say if the auction concludes in the next couple of days, it could take the FCC a week to compile and release the winners. But it’s also possible, the government will continue the auction for the D-block so that it can finish, while still collecting the money for the rest of the auction.

Mar 10, 2008 2:30 PM ET

Posted In: Legal, Regulatory, FCC, 700 mhz

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

Android Apps (Free) Android Apps (Free)
1. Facebook for Android
2. Pandora® internet radio
3. Angry Birds
4. Words With Friends Free
5. Voxer Walkie-Talkie PTT
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff