FCC Chairman Circulates Draft Rules For TV Spectrum Auction

April 21, 2014

The financial and technological proposals are incredibly complicated, but they provide the kinds of details that broadcasters have wanted to see before they decide whether to let the federal government auction to broadband providers some of the airwaves now used for TV. The process being circulated by FCC Chairman Tom Wheeler includes a reverse auction, where station owners would indicate how much cash they want for their spectrum and can drop out if the bidding is too low.

Read more at: http://www.deadline.com/2014/04/fcc-chairman-circulates-draft-rules-for-tv-spectrum-auction/

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