Tuesday, March 18, 2008

700 Mhz, Sold!

   We've been hearing about it for months (especially in NMIX) and it's finally over. The FCC announced today that the 700 Mhz spectrum auction is closed.  After over 200 rounds of bids, $19,592,420,00 is the total. Nineteen billion dollars is almost twice the amount the FCC anticipated it would earn from this auction. The winning bidders have not been announced though most expect that AT&T and Verizon have captured the largest chunks of the air waves.

   I am very interested to hear wether any wild cards such as Apple won any of the spectrum. That would certainly shake things up in the mobile media sector. I think a division of power is key force in driving technology development. If only the usual suspects have control, I think much less money and effort will go into developing cutting edge technology and content. I praying for a dark horse or two.

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