Wireless Spectrum Auction

Categories: News
  • According to the official FCC website, the 700 MHz wireless spectrum auction generated total winning bids of approximately $19.59 billion.
  • Fast Facts:

    1. Google requested the spectrum be classified as "open access," which would permit any legal device or software to connect to the new spectrum
    2. According to reports on Jan. 31, 2008, the reserve price to trigger the open access rule was met
    3. Verizon Wireless emerged as one of the leading purchasers in the auction
    4. Echostar and AT&T are also reported as a leading purchasers
    5. Google won no licenses in the bidding
    6. The auction was anticipated to raise roughly $10 billion, just half of the final total
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