D.C. was quick to respond Thursday (Jan. 29) at the news that the Federal Comminications Commission's AWS-3 wireless spectrum auction had closed with a record $44-plus billion in provisional bids, the majority likely from Verizon and AT&T.
"The amazing prices paid in the AWS-3 Auction set the floor for the much more valuable 600-MHz auction," said Preston Padden, executive director of the Expanding Opportunities for Broadcasters Coalition. "The carriers have the incentive and the access to capital to bid aggressively next January, and any further delay would be a disservice to consumers who are clamoring for more robust wireless broadband for their smart devices."
CTIA president Meredith Attwell Baker said, “The AWS-3 auction is the highest-revenue generating auction in the 20-year history of FCC spectrum auctions, and with the last major auction six years ago, this reflects wireless companies’ demand for this finite resource to meet Americans’ growing mobile broadband usage,"
Read more at broadcastingcable.com.