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story category 700Mhz Auction Approaches $10 Billion
Carterfone conditions should be applied...
(old news - 12:00PM Wednesday Jan 30 2008)
tags: competition · fcc · business · wireless · bandwidth
RCR Wireless News reports that the FCC could hit their goal of $10 billion in 700Mhz auction bids by sometime today. Bidding for the highly desirable "C block" spectrum has hit $3.8 billion, or 83% of the FCC reserve price of $4.6 billion. That's important, given the fact that if the FCC didn't see the kind of money they were hoping for, they'd likely auction off the spectrum a second time without the open access conditions (for what they're worth) attached. Rules require bidders remain anonymous, so it's still too early to tell if incumbents AT&T & Verizon, Google, or some other entity are leading the C Block push, though yesterday's Spring/Clearwire/Google news could make things interesting.

Related:
  1. C-Block Spectrum Auction Hits Reserve Price
  2. Clearwire Launches In Ten New Markets
  3. Echostar Joins Push For Lower Broadband Definitions
  4. Verizon's New Wireless Pricing Is An Insult
  5. What Network Neutrality Is REALLY About
  6. FCC Study: Open Access Lowers Prices, Improves Competition
  7. AT&T 'Sets The Record Straight' On Verizon Ads
  8. Telus Sues Rogers Over Ad Claims

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