The TV spectrum incentive Stage 4 Round 11 forward auction raised a total of $23 million ($23,013,000) when bidding in the round concluded Thursday afternoon.
The closing criteria of the television spectrum incentive auction have been met at $18.2 billion in bids for 70 MHz of public airwaves.
Bidding in the Stage 4 forward auction is tentatively scheduled to begin Wednesday, Jan. 18, the Federal Communications Commission said today.
The planets will have to align just so if broadcasters are successful in transitioning to new or shared channels following the spectrum auction with a limited amount of money and time.
On January 18, two days before he left office, FCC Chairman Tom Wheeler released a statement lauding the completion of the incentive auction.
The Federal Communications Commission added another $59 million in auction proceeds after Round 5 concluded Monday afternoon.
Well, in what I can only say is stunning, the second stage of the spectrum auction concluded immediately following the end of the first round of bidding in the forward auction portion.
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