Photo Courtesy of Associated Press Images (Photographer Mark Hancock (c) 2003)
Bidding is closed for what has become the largest wireless spectrum auction in FCC history, netting the government just under $20 billion. Included in the auction were packages of spectrum on both national and regional levels important in extending and improving wireless services across the nation. The most coveted auction item, known as the “C Block,” encompassed the biggest chunk of nationwide spectrum and ended at $4.74 billion.
These spectrum groups promise improved quality of service and higher bandwidth while requiring less power to transmit. Over 200 companies competed in the auction including telecommunications and information powerhouses such as AT&T, Verizon, and Google.
"The check is in the mail," as Engadget (one of the most widely read tech Blogs) points out, and all that remains is for the FCC to finalize details of the transactions and provide deadlines for the build-out of these new services.
Post by Gabriel Kassel
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