Next phase of FCC 600MHz auction starts August 162016-07-19 17:17 by DanielaTags: FCC
The Federal Communications Commission (FCC) has recently announced that its ongoing 600 MHz low-band wireless spectrum auction has completed its first part. The so called Incentive Auction was launched on Mar 29, 2016 and so far has received as many as 62 applications. All the 62 bidders have made their upfront payments. Among them are Verizon, T-Mobile, AT&T, Dish Network and Comcast. The first stage of the auction turned up 126MHz of spectrum and helped the FCC come up with a "bogey" of $86.4 billion. That amount of money must be bid by all of the winning participants of the 126MHz in airwaves up for bid. The spectrum is being reconfigured so that it can be used for mobile communications. In the second part of the auction process, the FCC will resale these airwaves to wireless operators, cable multi-service operators or tech firms through competitive bidding. The second part is known as forward auction. It is likely to start from Aug 16, 2016. The low-frequency airwaves, that are subject of the auction are the best ones for covering long distances and indoor spaces. Read more -here-
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