FCC spectrum auction surpasses $34 billion in bids as wireless carriers fight for airwaves

By Shawn Knight
Nov 24, 2014
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  1. A wireless spectrum auction being hosted by the Federal Communications Commission has garnered bids more than three times higher than the initial reserve price of $10.5 billion. The auction, which is offering up six blocks of airwaves totaling 65MHz of...

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  2. Buying Air..... in the end who gets the money and where does it go?
  3. cliffordcooley

    cliffordcooley TS Guardian Fighter Posts: 8,430   +2,822

    So the FCC is kicking back and making a profit while doing nothing, instead of making all the carriers share bandwidth. FCC taking 34 billion in bids, no wonder our cellular bills are so high.Splitting the spectrum into blocks allows one block to be saturated while another may not be used at all, depending on services available in each area. Sounds like poor(aka: selfish) management.
  4. captaincranky

    captaincranky TechSpot Addict Posts: 11,456   +1,759

    Yeah but maybe, just maybe, when all those IOUs come pouring in, our government won't have to print new money for a day or so

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