McDowell Says 28 GHz Auction Could Affect Future Scoring
Results so far in the 28 GHz auction could have implications for future auctions, Robert McDowell of Cooley told us (see 1812280030). The auction had $690 million in provisionally winning bids when it closed for the holidays. It reopens Thursday…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
and continues even during the partial FCC shutdown (see 1901020048). “The markets have spoken and have said that, at this point in the history of RF valuations, at least some high-band frequencies are not as valuable as most mid-band and low-band channels,” McDowell said. “Congress will make a note of that when scoring future auctions for federal budgeting purposes. But all of this could be upended by new RF technologies that we cannot foresee today, because we are at the dawn of a golden age in wireless where yesterday’s junk frequencies have the potential to become tomorrow’s gold.”