Verizon Offers FCC Valuation Advice on Upcoming High-Band Auction
The FCC should modify its reconfiguration proposal to use only auctions for partial economic areas (PEA) licenses in its price index for the 37, 39 and 47 GHz auction, Verizon said in docket 14-177. “With PEA-based data available, there is…
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no reason to develop a PEA-based price index for incumbent licenses using data from auctions of different license configurations.” Verizon urged the FCC to use data from the 24 GHz and TV incentive auction in its valuations for incumbent PEA-sized 39 GHz licenses. “The Commission has long used multiple spectrum bands to set initial valuations (through the setting of upfront payments and minimum opening bids) for licenses being auctioned,” the carrier said: “Despite claims to the contrary, the critical component of these valuations is license area, not spectrum band.”