FCC’s 600MHz incentive auction completes Stage 3, clearing cost still not met
The FCC’s 600MHz incentive auction rolled on today with the completion of Stage 3, and it went pretty much just like the past stages did. The clearing cost for Stage 3 of the reverse auction was set at $40.3 billion, which is the target amount that the bidders in the auction would need to offer for the auction to continue forward. However, the bidders only offered up $19.7 billion for the 108MHz of spectrum … [read full article]















