FCC’s H Block Auction Back in Business
Tops $1.25 Billion as Process Gets Back Under Way Following Snow Day
By: John Eggerton
Multichannel News
Feb 06 2014 - 12:48pm
http://www.multichannel.com/technology/fcc%E2%80%99s-h-block-auction-back-business/148157
The FCC's H block auction was back on track Thursday (Feb. 6) following
a day off due to snow in the FCC's Gettysburg. Pa., auction center.
At press time, and after 44 rounds, the total was $1.25 billion bid on
176 licenses. There had been 32 new bids since the last round Tuesday
(43) for only an additional $3.1 million.
There were no new bids on New York, which is the top dollar-getter at
just over $216.9 million
The auction continues until there are no new bids or withdrawals or
waivers extended. If it does not meet the minimum aggregate bid of
$1.564 billion the FCC would have to regroup and start over, though that
would not happen immediately.
The bidders are mostly regional carriers rather than the major players,
but Dish is bidding--though under another name, according to
reports--and has promised to bid at least that minimum, insuring the FCC
will not have to start over.
It is under a congressional mandate to auction and reassign the spectrum
by next year, This is the first of three spectrum auctions, culminating
in the 2015 broadcast incentive auction.
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Associate Professor Fax (713) 743-3927
Political Science Mail: antunes at uh dot edu
University of Houston
Houston, TX 77204-3011
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