700 MHz Nets Feds $19.59B

By Stacey Higginbotham | Wednesday, March 19, 2008 | 9:29 AM PT | 0 comments |

The 700 MHz auction ended yesterday, and the $19.59 billion going to the Treasury looks like a lot until you realize the government’s total budget is $2.9 trillion. But now the waiting (and speculating) can begin. What will happen with the failed auction for the D block, which had been allocated for public safety? Who paid the $4.75 billion for the C block — Verizon, Google (not likely) or AT&T? What will an “open network” look like? As in life, the answer to one question often leads to many more.

Digg

Comments (0)

Link to this article using http://om.bit.ly/11PAZc

Linkbacks (3)

Subscribe to comments feed

Leave a Reply


Post to GigaOM with your Facebook account

Editorial Masthead

Sebastian Rupley
Editor in Chief
Carolyn Pritchard
Managing Editor
Celeste LeCompte
Special Projects Editor
Desiree DeNunzio
Copyeditor
Om Malik
Senior Writer
Stacey Higginbotham
Staff Writer
Ryan Lawler
Staff Writer
Wagner James Au
Contributing Editor
Liz Gannes
Staff Writer
Chris Albrecht
Staff Writer
Katie Fehrenbacher
Staff Writer
Josie Garthwaite
Staff Writer
Close
E-mail It