MarketingVOX: The Voice of Online Marketing | MEDIA KIT

Verizon Scores Big at Wireless Spectrum Auction


The Federal Communications Commission announced Verizon as the big winner of the auction for parts of the wireless spectrum, reports The Associated Press.

Verizon bid $9.4 billion for the biggest swath of the newly available portions of the spectrum, portions made available because of the switch from analog to digital television delivery. The company is likely to use the acquisition to expand its existing wireless service and mobile internet offerings.

Expansion is on the minds of most companies that won percentages of the spectrum. Other winners include second place finisher AT&T, Dish Network, Cox Cable, which will use it to experiment with wireless cable TV delivery, and US Cellular.

Silicon Alley Insider has a look at the complete list of winners along with what those companies have in mind for what they've bought.

Portions of the wireless spectrum up for auction — including the bits won by Verizon — must, under FCC guidelines, be "open access" and available for users of all networks and devices.

That stipulation was pushed for especially by Google, which initially intended to bid but then dropped out. While it hasn't participated in the final process, Google is still perceived as a winner in this since it now has usable bandwidth for its open-source "Android" mobile project — all without having spent millions of dollars in bidding.

Related Topics

tools & software
broadband
technical innovation
legal, government & regulation
major brands

Search

E-Mail This Story email this story «
Related stories:

Subscribe to MarketingVOX|News

MARKETING JOBS