TITLE

FCC's wireless auction fetches billions

AUTHOR(S)
Pappalardo, Denise
PUB. DATE
September 2006
SOURCE
Network World;9/25/2006, Vol. 23 Issue 37, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the public sale of Federal Communications Commission's (FCC) Advanced Wireless Services gets billions of dollars in the U.S. Vendors such as Cingular Wireless LLC, Sprint Corp., T-Mobile Ltd. collectively bid 13.9 billion for spectrum licenses used by the federal government. However, the FCC sold 1,087 licenses to 104 bidders during 161 rounds of bidding. Moreover, other winners were regional wireless service providers MetroPCS and Leap Wireless and those providers are expected to use their spectrum winnings to expand services.
ACCESSION #
22498771

 

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