The Federal Communications Commission is gearing up for the second stage of its complex spectrum incentive auction beginning Sept. 13. Bloomberg BNA has been tracking the action and analyzing the data from bidding in the first stage of the auction.
Bidding by wireless carriers in the "forward" portion of the auction reached $23.11 billion after 27 rounds, but failed to meet the $88.4 billion threshold needed to complete the auction at the initial target set by the auction's mechanism to clear broadcasters off of their airwaves.
The next stage of the auction is set to try to get back a lesser amount of spectrum from broadcasters, which will be then auctioned off by the FCC to the wireless industry. The wireless industry hopes it will take far less money to reach that goal, which won’t be revealed until the FCC completes the broadcaster portion of the auction.
Certain major markets are expected to remain in high demand in the second stage of wireless bidding. In the first stage, Los Angeles, New York and Chicago were all top markets.
The FCC wrapped up the first stage of the auction in the 27th round after bidding stalled in 406 out of 416 markets, also called “partial economic areas,” or PEAs.
The next stage of bidding in the wireless portion of the auction should enable observers to compare round-by-round and market-by-market bidding metrics between the two stages. Look to Bloomberg BNA for more auction data and analysis.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)