paidContent.org - The Economics of Content

Current Story

Wireless Spectrum Winners Are Revealed; Google Bids But Verizon Wins

By Tricia Duryee - Thu 20 Mar 2008 12:19 PM PST

The FCC finally unveiled the winners of the federal spectrum auction that closed earlier this week and raised a record-breaking $19.6 billion. The FCC said Verizon Wireless (NYSE: VZ) was one of the biggest winners, paying $4.7 billion for the C-block, which will require Verizon to build a network that will provide open access to devices and applications. The high-profile auction received a lot of attention because it provided a way for a newcomer to enter the wireless market. But most of the winners were incumbents, such as Verizon Wireless and AT&T (NYSE: T). The FCC confirmed that Google (NSDQ: GOOG), which lobbied hard to get the open-access provisions, did not win any licenses. The closest newcomer, which did win licenses, is Echostar (NSDQ: DISH) Communications, the satellite TV provider, which bought enough to provide the company with a nearly nationwide reach.

More details at our sister site mocoNews.net.

For results on the FCC Web site, click here and then on “Application Auction Search,” and on Results.

Posted in: Companies, AT&T, Google, Verizon, Legal, Regulatory

Tags: 700 mhz,

Check our our new Social Media Deals Report, which examines the categories, number and size of VC and M&A deals into social media

Related Research from Alacrastore.com

0 Responses:
  • There are currently no comments for this article.

    Why don't you make one?

Post Your Comment

Mobile Options

» Mobile App
» Mobile/WAP Site

Send a News Tip

About

paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

Rafat Ali
Publisher & Co-Editor

Staci D. Kramer
Co-Editor

David Kaplan
Senior Correspondent

Joseph Weisenthal
Correspondent

Robert Andrews
U.K. Editor

Amanda Natividad
Editorial Producer

EconCeleb Conference - The Economics of Celebrity. July 23 at the Roosevelt Hotel in Hollywood

Featured Report - 2008 Social Media Deals Report

front page of report

The economics of social media continue to heat up, with ever more buzz created in new and growing market categories. This report examines the categories, number and size of investment and acquisitions into social media and the resulting value created from 2007 through 2008. Order your report today to analyze deals made by Yahoo, Disney, Google, AOL, CBS, Hearst, Microsoft and many more.

Learn more or purchase now.

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters