FCC Auctions Round 101: Spectrum Auction Appears Near End

FCC AUCTIONS ROUND 101: SPECTRUM AUCTIONS NEAR END
[SOURCE: Broadcasting&Cable, AUTHOR: John Eggerton]
Only a total of $44,200 was bid in round 101 of the Federal Communications Commission's auction of spectrum in the 700-meghertz band being reclaimed in the switch to digital TV. The auction is not over until there are no bids, and there were still 42 bids in round 101, but they raised the ante only a little over $1,000 apiece. In previous rounds, the increases had been in the millions of dollars. The auction generated $19,517,614,900 in bids, including $4.838 billion for licenses with open-access conditions that could be used for a national network, although the high bidders are currently for individual regions rather than the national package.
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