Tuesday, September 6, 2016

Carriers Say Round One of the FCC Auction Was A-OK

It was the best of auctions, it was the worst of auctions…depending on whom you ask. While broadcasters are bemoaning a shortage in bidding of $66 billion dollars in Round One, carriers are pointing out they spent lavishly compared to past auctions.  The carrier version of events comes after the FCC’s auction of spectrum surrendered by broadcasters came in at bids well short of the $88 billion goal last week…$66 billion short to be exact…necessitating more rounds.
Wireless trade association CTIA said the Stage 1 bids, totaling $23.1 billion, still surpassed the last low-band spectrum auction total of nearly $19 billion, according to insidesources.com. Continue Reading

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