700 MHz Nets Feds $19.59B
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.
[...] And simply to quote one of the folks who’ve reported it, Stacey Higginbotham at GigaOm; [...]
[...] to the nation’s wireless infrastructure, the 700MHz auction came to a close this week after raising $19.59 billion. Much like a political election, the incumbents won, and talk of change will likely remain just [...]
[...] to the nation’s wireless infrastructure, the 700MHz auction came to a close this week after raising $19.59 billion. Much like a political election, the incumbents won, and talk of change will likely remain just [...]
[...] all, the spectrum in the 700 MHz auction went for a total of $19.59 billion. Could the broadcast spectrum be as valuable as that? Naysayers point out this is unlikely given [...]
[...] is a government resource that private companies will pay dearly for (the 700 MHz auction generated more than $19 billion), Congress may be loathe to give up that source of revenue. The staffer said he thinks getting more [...]