FCC airwaves auction is over

By Cory Bergman 

After 261 rounds of bidding, the FCC auction of TV’s analog airwaves is over, bringing in $19.6 billion. But the winners won’t be known for another few days or weeks. The big question, of course, is whether Google won enough bids to build its own wireless network. While the $19.6 billion is a record, some criticized the FCC for setting conditions on some blocks of airwaves. For example, a block dedicated to emergency responders did not achieve the minimum bid and will have to be re-auctioned. More here in the WSJ.

Advertisement
Advertisement