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Thursday, August 10, 2006

InformationWeek Wireless License Auction Satellite, Cable Battle Wireless In FCC Auction August 10, 2006: "WASHINGTON - U.S. wireless carriers battled with satellite and cable operators Wednesday for valuable licenses for advanced wireless services -- like high-speed Internet access -- on the first day of an auction that so far has raised $933.5 million.

A partnership of the top two satellite television providers, EchoStar Communications Corp. and DirecTV Group Inc., led the Federal Communications Commission sale with top bids for 13 licenses totaling $282.5 million.

After the day's second round of bidding, the group knocked No. 4 U.S. wireless carrier T-Mobile USA out of the first place spot it had after the initial round. T-Mobile has the highest bids for 23 licenses, totaling $121.7 million."

posted by expat at 8:07 AM

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