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Post 100 made on Monday December 5, 2016 at 17:32
Advanced Member
April 2014
      The latest round of bidding by wireless interests on broadcast spectrum began today and promptly ended with no movement.
     The latest round needed to to raise about $42.3 billion to avoid Stage 4 of the auction. At $19,676,240,520, it fell far short. Now the FCC will lower its target and begin again, with stage 4 of the reverse auction probably set to begin on Dec. 13. The commission said it will make that announcement on Friday, Dec. 9.

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