FCC’s Auction Tally Rises To $19.6B As Bidding Ends

Law360, Washington (February 10, 2017, 7:13 PM EST) -- The Federal Communications Commission said Friday that it had racked up $19.6 billion in bids for spectrum for wireless use as a portion of the broadcast incentive auction came to an end Friday, with the FCC moving forward in a process to clear the 84 MHz of spectrum set to be repurposed.

The total comes in at far less than some initial estimates, though the chair and deputy chair of the FCC’s incentive auction task force said in a blog Friday that the auction will net...
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