FCC’s Auction Outcome Is Victim Of Sky-High Expectations

Law360, Washington (February 14, 2017, 7:21 PM EST) -- The Federal Communications Commission crossed an important finish line in its broadcast incentive auction Friday as a phase of bidding ended, and experts say inflated revenue expectations stoked by the FCC are clouding a result that delivers on the goal of repurposing spectrum for wireless use.

Whether or not the auction was successful is a matter of perspective, telecom attorneys told Law360, and at least some broadcasters are disappointed that they didn't get the high initial prices set by the FCC that helped encourage their participation....
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