FCC airwaves auction is over
Cory Bergman March 19th, 2008
After 261 rounds of bidding, the FCC auction of TV’s analog airwaves is over, bringing in $19.6 billion. But the winners won’t be known for another few days or weeks. The big question, of course, is whether Google won enough bids to build its own wireless network. While the $19.6 billion is a record, some criticized the FCC for setting conditions on some blocks of airwaves. For example, a block dedicated to emergency responders did not achieve the minimum bid and will have to be re-auctioned. More here in the WSJ.
4 Comments Add your own
1. oakling | March 19th, 2008 at 12:52 pm
God, the FCC needs to die. I love how clearly this shows their real values. Why do we need them again?
2. Dave | March 20th, 2008 at 6:23 am
Anyone know where the near $20 billion goes?
3. jimmy | March 20th, 2008 at 11:32 am
verizon wins most of c block - cnbc 2.29 pm
4. Michelle | March 20th, 2008 at 11:55 pm
I don’t understand the last sentence. WHY on WHY would emergency responders have to PAY for PUBLIC airwaves? That can’t possibly be right. And I think the conditions that the FCC set will help ensure that licensees of the public spectrum use it to serve the public.
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