Spectrum Auction to Close March 30

Courtesy of Broadcasting&Cable.com
By John Eggerton

The FCC’s broadcast incentive auction will close for good on March 30.

In a public notice Tuesday, the FCC said it will start the assignment-phase auction March 6, 2017. And in this auction, there is a definite end date—March 30.

The clock-phase of the broadcast incentive auction began May 31, 2016, with broadcasters first offering up spectrum at an exit price in the reverse portion and wireless companies bidding for that spectrum in the forward portion. That forward auction clock phase ended Feb. 10, with a bid total of $19.6 billion. Broadcasters’ reverse portion ended Jan. 18 after their $10 billion price for 84 MHz was met in round 4 of the forward auction.

Click HERE to read more.