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TECHNOLOGY TIPS - FCC AUCTION WINNERS AND IMPACTS

Cathy Mallers PhotoOn March 19, the FCC closed Auction 73.  So what does that mean to you and me?

Well, the 2 biggies in Chicago - Verizon and AT&T - now will have open access.  With the digital wave of TV, the FCC opened up their soon to be unused 700 MHz air waves.

Verizon won Block C (after a slight fight with Google) except for Alaska, Puerto Rico and the Gulf of Mexico.  AT&T won B Block, giving it 12 MHz of spectrum in over 700 "cellular market areas" nationwide.  Verizon's win cost a little over $4.7 billion and affirms rumors that Mountain View was in it to make sure the minimum bid was met.

D Block did not meet its requirement and so Auction 76 is slated to happen in the near future.

For a full view of the story, click here.

CATHY MALLERS & DEAN'S TEAM CHICAGO

Posted: Monday, March 24, 2008 6:19 AM by Dean's Team
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