CEA, Spectrum Willing To FCC: Nix Bidding Conditions

November 4, 2013

The Consumer Electronics Association and the "coalition of the spectrum willing" (The Expanding Opportunities for Broadcasters Coalition [EOBC]) are on the same pages, literally, when it comes to the incentive auctions.

They plan to release a report Nov. 4. urging the FCC not to put conditions on bidders that could reduce the revenues by almost $6 billion and jeopardize the success of the auction. If the forward part of the revenue — the auction of reclaimed broadcast spectrum — does not raise enough money, the FCC has to start the reverse part — paying broadcasters to clear off — all over again.

Read more at: http://www.broadcastingcable.com/article/496365-CEA_Spectrum_Willing_To_FCC_Nix_Bidding_Conditions.php

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