With the FCC due to vote Tuesday on how to auction off the wildly anticipated 700 MHz band of wireless spectrum, speculation is running rampant about the likely outcome. The stakes are about as high as they come — an estimated $15 billion, according to reports — and so is the tension. AT&T and Verizon have reportedly spent a combined $35 million lobbying for favor, while Google has officially said it would cough up the required $4.6 billion or more to participate in the auction — if the FCC abides by its four requirements that would make the spectrum open to any applications, devices, services and networks.
Loading ...
Stakes High in FCC Wireless Auction Vote
Posted by: Katherine Noyes July 30, 2007 02:07 PMWith the FCC due to vote Tuesday on how to auction off the wildly anticipated 700 MHz band of wireless spectrum, speculation is running rampant about the likely outcome. The stakes are about as high as they come — an estimated $15 billion, according to reports — and so is the tension. AT&T and Verizon have reportedly spent a combined $35 million lobbying for favor, while Google has officially said it would cough up the required $4.6 billion or more to participate in the auction — if the FCC abides by its four requirements that would make the spectrum open to any applications, devices, services and networks.