& cplSiteName &

FCC's 600MHz Auction Tops $16B

Dan Jones
8/24/2016
50%
50%

The bids are now flooding in for the 600MHz auction as bids hit $16.4 billion Wednesday evening and have passed an FCC limit.

After 15 rounds of bidding for 126MHz of available low-band 600MHz spectrum across the US, bids -- from up to 62 organizations -- now stand at $16,391,244,000. This satisfies the Federal Communications Commission (FCC) 's first "final stage rule" of passing the minimum bid total of $15,896,290,987.

The bar is set much higher than that for this auction. Through the reverse auction process, broadcasters on the 600MHz band have set a target of a whopping $88.4 billion to vacate the spectrum. That's nearly double what the AWS-3 auction, the largest spectrum auction in the US, raised in 2014 and 2015.


For more on the spectrum wars, visit the dedicated 4G/LTE content section right here on Light Reading.


You can keep track of the bidding totals here. The FCC will reveal the winning bidders after the auction process is finished, which could be as late as next year.

For more:

— Dan Jones, Mobile Editor, Light Reading

(5)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
jbtombes
50%
50%
jbtombes,
User Rank: Light Sabre
8/26/2016 | 5:50:50 PM
Not even Coase?
There is a lot of debate about how to set up these auctions. But rules that would pre-empt private ownership lead to inefficiency. Or at least that's the theorem of Ronald Coase (1991 Nobel in Economics). 
DanJones
50%
50%
DanJones,
User Rank: Blogger
8/26/2016 | 1:56:22 PM
Re: Not even close
$$19.3B now!
Infostack
50%
50%
Infostack,
User Rank: Moderator
8/25/2016 | 9:30:16 PM
Re: Not even close
@billsblot, it's air.  it's a public good.  Part 15 regulations have proven that with minimal intervention, spectrum can be easily shared.  The same goes for layer 1 in the wired network.

Bottom line is that we made big mistakes in 1913 and 1934 by creating arbitrary boundaries and monopolies out of public goods that are easily shared.
billsblots
100%
0%
billsblots,
User Rank: Moderator
8/25/2016 | 2:40:18 PM
Re: Not even close
The electromagnetic spectrum in the United States is definitely a government asset for licensing and allocation as it sees fit.
Infostack
50%
50%
Infostack,
User Rank: Moderator
8/25/2016 | 8:40:22 AM
Not even close
NOT EVEN CLOSE!  What were they thinking?  All the good stuff is gone.  There is hardly anything of real value left.

But that's what you get with the circus of this auction.  The first question is why on earth should the TV broadcasters be compensated for the spectrum when they still get spectrum for digitally compressed channels?

Second is, why do we even have auctions to begin with?  Just license spectrum and enforce sharing.  Then see what type of "tax on profits" should be applied if any at all.  After all spectrum and rights of ways are "public" not "government" goods.

Third, the result of all the prior auctions and allocations has resulted in lousy oligopoly service.  How sustainable is the model where the service provider charges $1 for service and provides only 30% of it?

The list goes on as regards wireless policy and auctions.

Just sayin that one logical fallacy layered on another ends up looking like this current auction.  Someone has to tell the emperor, nay the whole court, they have no clothes.
From The Founder
Following a recent board meeting, the New IP Agency (NIA) has a new strategy to help accelerate the adoption of NFV capabilities, explains the Agency's Founder and Secretary, Steve Saunders.
Flash Poll
Live Streaming Video
Charting the CSP's Future
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
LRTV Interviews
AT&T: Creating Dynamic Networks to Meet Business Needs

5|26|17   |   4:24   |   (0) comments


As enterprises need more dynamic networks, service providers need to deliver on-demand, virtual services to meet those needs. AT&T is creating a networking fabric to mix-and-match SDN technologies for enterprise customers, says Roman Pacewicz, AT&T senior vice president for offer management and service integration, in an interview at Light Reading's
LRTV Interviews
EdgeConneX on Industry Headwinds & Tailwinds

5|26|17   |   2:41   |   (0) comments


At Light Reading's Big Communications Event 2017, EdgeConneX CTO Don MacNeil discussed the value of partnerships in the digital world.
LRTV Documentaries
4 Steps Toward a Higher Network IQ

5|26|17   |     |   (0) comments


At the Big Communications Event in Austin, Texas, EXFO CEO Philippe Morin explains how sensors and analytics can boost a network's intelligence and enable on-demand customer experiences. Find more BCE 2017 coverage here.
LRTV Interviews
BT's McRae Sheds Light on 4K Strategy

5|25|17   |   4:45   |   (0) comments


At Light Reading's Big Communications Event 2017 in Austin, Texas, BT Group's Chief Network Architect Neil McRae talks about what it took for BT to broadcast live sports in 4K. Catch up with all our BCE coverage at http://www.lightreading.com/bce.asp.
From the Founder
How the NIA Aims to Advance NFV

5|25|17   |   08:07   |   (1) comment


Following a recent board meeting, the New IP Agency (NIA) has a new strategy to help accelerate the adoption of NFV capabilities, explains the Agency's Founder and Secretary, Steve Saunders.
LRTV Custom TV
Better Solutions That Address Growing Scale

5|25|17   |     |   (0) comments


For Comcast, the X1 rollout and 17-fold increases in broadband speeds in the past 16 years are among factors driving the need for Energy 2020 solutions that reduce cost and consumption, says Mark Hess.
LRTV Custom TV
Ethernity Network Delivers Instant Offloading of Network Functions With All-Programmable Intelligent NIC

5|25|17   |     |   (0) comments


David Levi, CEO of Ethernity Networks, explains that programmability of the hardware makes the company's All-Programmable Intelligent NIC uniquely beneficial for communications service providers that need advanced data appliances with agile support of virtualization. Utilizing the company's patented network processing technology, Ethernity offers data path ...
LRTV Documentaries
BCE 2017: Vodafone Gets Obsessed With Cloud-Native

5|25|17   |     |   (0) comments


Vodafone's Matt Beal updates us on Project Ocean and explains why simple virtualization isn't enough of a goal for network transformation. Catch up with other BCE 2017 keynotes and news at http://www.lightreading.com/bce.asp.
LRTV Documentaries
BCE 2017: Intel's Take on Network Transformation

5|24|17   |     |   (0) comments


In this BCE 2017 keynote, Lynn Comp discusses Intel's vision for areas such as analytics, automation and service assurance. For more videos and BCE coverage, see http://www.lightreading.com/bce.asp.
LRTV Documentaries
Order From Chaos: The Steve Saunders BCE Keynote

5|24|17   |   17:27   |   (0) comments


Kicking off BCE 2017, Light Reading founder Steve Saunders lays blame for NFV's slow ramp-up and urges telecom to return to old-fashioned standards building and interoperability testing.
Think of this as the video sequel to the recent columns he's written about NFV and the prospect of a telecom app store. (See

LRTV Documentaries
Service Provider Panel: Partnering in the Digital Era

5|22|17   |     |   (0) comments


Coopetition has always been part of telecom, but the ecosphere now includes data centers, vendors, apps developers, cloud service providers and Internet content providers. This BCE 2017 panel explores the new attitudes among network operators as to the value and variety of ...
LRTV Interviews
Site Demo: AT&T's IoT Flow Platform

5|19|17   |   04:25   |   (0) comments


At AT&T's R&D center in Tel Aviv, Israel, project leader Eyal Segev talks about the operator's Flow platform and how it helps to prototype IoT applications.
Infographics
With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
Hot Topics
Cities Clamor for More Clout at FCC
Mari Silbey, Senior Editor, Cable/Video, 5/23/2017
What's Blocking 4K TV Today
Alan Breznick, Cable/Video Practice Leader, Light Reading, 5/22/2017
Sonus & Genband Finally Combine to Form $745M Company
Dan Jones, Mobile Editor, 5/23/2017
Like Us on Facebook
Twitter Feed
BETWEEN THE CEOs - Executive Interviews
One of the nice bits of my job (other than the teeny tiny salary, obviously) is that I get to pick and choose who I interview for this slot on the Light Reading home ...
TEOCO Founder and CEO Atul Jain talks to Light Reading Founder and CEO Steve Saunders about the challenges around cost control and service monetization in the mobile and IoT sectors.
Animals with Phones
What Brogrammers Look Like to the Rest of Us Click Here
Live Digital Audio

Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.