FCC Could Boost Reverse Auction Round Total

Commission increased number of rounds after couple of weeks in first stage
Author:
Publish date:

WASHINGTON—As the incentive auction is now into the second week of its reverse portion, the number of rounds per day could be bumped up to three as bidders become more comfortable with the process. After stage two began on Sept. 13 with a single four-hour round, the auction has held two two-hour rounds per day. However, an increase in rounds will require more diligence for stations to monitor bids and other action.

To read the full story, visit TVT’s sister publication B&C.

Related

Broadcasters Seek $10 Billion for 84 MHZ promo image
Regulatory and Standards

Auction Round 1 Bidding Totals $17.7 Billion

Today’s opening round of bidding by wireless providers in the fourth round of the spectrum incentive auction yielded $17.7 billion—enough to cover the $10 billion that broadcasters asked for 84 MHz of spectrum in the reverse auction, but not enough to meet the first closing criteria of $1.25 MHz/Pop.