Wednesday

CNET: FCC to reveal spectrum auction plan - The Federal Communications Commission on Wednesday is expected to begin setting rules for one of the most important wireless spectrum auctions in the foreseeable future.

Excerpt:
"The new rules, which determine how to divvy up licenses and actually auction them off for the coveted 700MHz wireless band of spectrum, will likely shape the competitive communications market for decades to come, experts say.

The 700MHz band of spectrum, which has been used to provide analog TV service, is considered the last piece of prime real estate left in wireless spectrum. And mobile operators, as well as companies in other industries such as cable and satellite TV, are expected to bid on licenses. The auction is likely to generate between $10 billion and $15 billion in revenue for the government."

http://news.com.com/FCC+to+reveal+spectrum+auction+plan/2100-1039-6178977.html?part=dht&tag=nl.e703

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