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Latest FCC Spectrum Auction Clearing Cost Drops To $54.6B

By Jenna Ebersole (October 13, 2016, 6:47 PM EDT) -- The broadcaster side of the second stage of the Federal Communications Commission's incentive auction wrapped Thursday with a $54.6 billion cost to clear a targeted 114 MHz of spectrum, a $30 billion drop from the first stage but still well above the figure wireless providers were willing to bid on the FCC's initial target....

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