FCC to help wireless auction bidders
The Nextwave spectrum saga continues. The FCC has decided to let carriers off the hook for $16 billion in spectrum bids. Carriers had originally bid on this spectrum which orignally belonged to bankrupt NextWave and the FCC decided to reauction. The good news is that when the spectrum is available again, after some more legal wrangling, its market value will be probably be half of the original $16 billion.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team