If You’re Following The Auction - Day Two
Wireless auction bids hit $3.7 billion
“Bidding topped $3.7 billion on the second day of the Federal Communications Commission’s auction of government-owned airwaves, but there were no new suitors Friday for a closely watched block of spectrum to be shared with public safety agencies.
The $3.7 billion, up from $2.78 billion on Thursday, represented the highest bids received for five separate blocks of spectrum in the auction, which is eventually expected to net the federal government at least $10 billion.”
Tags: 700-MHz-auction, Google-Bids-On-Spectrum, net-neutrality, spectrum-auctionRelated Stories
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2 opinions for If You’re Following The Auction - Day Two
Is Google Bidding? Think About It…
Jan 26, 2008 at 6:52 pm
[…] number of folks don’t think Google will be bidding or will be bidding to win in the FCC’s 700 Mhz auction. I think this article from Reuters out of Davos offers us some […]
Rico
Jan 27, 2008 at 1:13 am
It still amazes me that the federal government can make so much money from bidding out permissions. Amazing how radio waves, something intangible, could be so valuable!
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