Post 114 made on Friday February 10, 2017 at 18:05 |
OBICO Advanced Member |
Joined: Posts: | April 2014 883 |
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The FCC said Friday afternoon that the forward auction has come to an end, with $19.6 billion raised, the second highest total proceeds of any commission spectrum license auction in its 20-plus year history, according to the FCC.
Of that total, broadcasters will receive about $10 billion, with $1.75 billion going to other broadcasters that incur costs in changing channels in the post-auction spectrum repack. More than $6 billion will go to the U.S. Treasury for deficit reduction.
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