FCC's Nov. 13 Wireless Auction: Key Facts About the Event
When the FCC's AWS-3 wireless spectrum auction opens on Nov. 13, some 80 applicants will compete to acquire newly available wireless spectrum.When the Federal Communications Commission (FCC) opens its Nov. 13 AWS-3 wireless spectrum auction up to bidders, some 80 applicants will compete to beat out their competitors for a larger chunk of the finite wireless spectrum that is used to support wireless calls, data transmissions and other communications. The auction, called Auction 97, will remain open until bidding stops, which can be weeks or months, and then the FCC will examine the bids to ensure they are from qualified bidders, that they meet a series of technical and regulatory requirements and that they conform to other stipulations, according to the agency. All of this is being done as part of a process that will allow portions of the wireless spectrum that are no longer in use to be reallocated to new licensees so that the bandwidth can be used to expand wireless services, according to the FCC. Some of the better known applicants in the list of proposed bidders include three of the four largest U.S. wireless carriers—Verizon, AT&T and T-Mobile—as well as Dish Network, according to a report by Seeking Alpha. "Sprint is planning sit out on the auction to save firepower for a major sale of low-frequency airwaves scheduled for next year," the report stated.
Applicants had to fill out a short form prior to the auction to participate, which helps to establish that they meet the requirements for bidding on the spectrum that is up for grabs.