The FCC ended Auction No. 66 for AWS spectrum analysts said may s...
The FCC ended Auction No. 66 for AWS spectrum analysts said may see use for wireless broadband and video, netting $13.7 billion. Top 5 winning bidders, in descending order: T-Mobile, Verizon Wireless, SpectrumCo, MetroPCS and Cingular. Mobile broadband networks…
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will help consumers, Chmn. Martin said, adding that the sale featured “the largest amount of spectrum suitable for wireless broadband ever offered in a single FCC auction.” Down payments on licenses are due within 10 days of a public notice announcing the auction’s end, the FCC said. A group of 35 licenses that went unsold will “be made available again in a future auction,” the FCC said late Mon.; companies that quit the auction may bid on them, said Medley Global’s Jessica Zufolo. She added: “There is an auction in 2 years that is a lot more important to the entire sector that is offering superior frequencies.” - JM