$2.78 Billion In Bids Of US Wireless Auction

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$2.78 Billion In Bids Of US Wireless Auction

By Reuters , published on January 25, 2008 at 3:10 PM
Source: Tom's Guide US | Keywords: fcc, auction, wireless | Themes: Business

Syndication:

Top bidders put up a total of almost $2.78 billion on Thursday in the opening rounds of the Federal Communications Commission’s auction of coveted U.S. government-owned airwaves. The figure represents the highest bids received for five separate blocks of spectrum at the beginning of the auction, which is eventually expected to net the federal government at least $10 billion.

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