Former TV Exec Forms Coalition for TV Spectrum Auction

But who is selling remains a mystery

Preston Padden, a former Fox, ABC and Disney exec, formed a coalition to represent TV broadcasters that will, if the price is right, relinquish their spectrum to the Federal Communications Commission for the yet-to-be designed-or-scheduled wireless spectrum auction.

The purpose of the Expanding Opportunities for Broadcasters Coalition, Padden said in a statement, is to make sure the FCC has the "the rules and procedures in place to maximize the auction's chance to succeed. The FCC has only one shot to get it right."

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