Auction
The auction divided UHF spectrum into 5 blocks:
- Block A: 12 MHz bandwidth (698–704 and 728–734 MHz)
- Block B: 12 MHz bandwidth (704–710 and 734–740 MHz)
- Block C: 22 MHz bandwidth (746–757 and 776–787 MHz)
- Block D: 10 MHz bandwidth (758–763 and 788–793 MHz)
- Block E: 6 MHz bandwidth (722–728 MHz)
The FCC placed very detailed rules about the process of this auction of the 698–806 MHz part of the wireless spectrum. Bids were anonymous and designed to promote competition. The aggregate reserve price for all Block C licenses was approximately $4.6 billion. The aggregate reserve price for all 5 blocks being auctioned in Auction 73 was just over $10 billion.
Read more about this topic: United States 2008 Wireless Spectrum Auction
Famous quotes containing the word auction:
“The white American man makes the white American woman maybe not superfluous but just a little kind of decoration. Not really important to turning around the wheels of the state. Well the black American woman has never been able to feel that way. No black American man at any time in our history in the United States has been able to feel that he didn’t need that black woman right against him, shoulder to shoulder—in that cotton field, on the auction block, in the ghetto, wherever.”
—Maya Angelou (b. 1928)