FCC Delays AuctionComments Off on FCC Delays Auction
On Friday, the FCC announced they would postpone the 2015 Incentive Auction until early 2016. This auction is meant to reallocate airwaves now used by broadcast television stations for use by mobile phone companies. The New York Times reported, “The commission attributed the delay in part to a pending lawsuit filed by the National Association of Broadcasters, a trade group for the television industry, and to the need for more time to recruit television stations to participate.” This auction is likely to be the largest and most complicated sale of airwaves because it involves multiple steps where broadcasters agree to give up their airwaves or move their signals to new spots on the electromagnetic spectrum in exchange for a portion of the proceeds of their sale. Continue reading here.