Wednesday, April 26, 2006

FCC Tightens Wireless Auction Discount Rules

Via Reuters.

The U.S. Federal Communications Commission has tightened rules to prevent big wireless companies from getting discounts on airwaves sold at auction by partnering with smaller entities.

Bidding credits for FCC wireless auctions are available only to those entities that meet financial criteria and abide by rules governing who controls them among other requirements.

The move comes just over two months before the FCC plans to start auctioning hundreds of licenses that could be used for advanced wireless services such as high-speed Internet access or video.

More here.

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