Topics Mobile Tech News Thursday, April 25


Contact us

Site search:
complete archives list

Site Sponsors:

Don't forget AT&T and Verizon promo codes at to save money.

U.S. FCC tries to accelerate end to wireless auction
Posted: 19-Jan-2001 [Source: Reuters]

[Auction beginning to show signs of nearing the end with Verizon still top bidder.]

by Jeremy Pelofsky -- "The Federal Communications Commission tried to accelerate the pace of the record auction of valuable wireless licenses as bidding slowed and it appeared the sale would wind up soon, possibly by the end of next week.

"The agency began holding six rounds of bidding on Wednesday and received 31 new bids in the 67th round on Thursday with bids reaching $16.66 billion and Verizon Wireless accounting for more than half of that, according to the FCC.

"We believe the end is near," Michael Rollins, an analyst at Salomon Smith Barney, wrote in a research note released on Thursday. "New York remains the hot spot. Verizon again was the high bidder in the Big Apple."

"The auction will stop when no more bids are received for any of the 422 licenses that wireless companies are competing to fill gaps in their coverage areas, improve service in congested markets and launch new services and products.

"Verizon Wireless, the nation's biggest mobile telephone company, has the top bids for 113 licenses including two of the licenses covering New York where the joint venture between Verizon Communications (NYSE:VZ - news) and Vodafone Group Plc (quote from Yahoo! UK & Ireland: VOD.L)(NYSE:VOD - news) has bid more than $2 billion for each.


Back to Headlines...

Apple Watch Apple Watch

iPhone 6 and iPhone 6 Plus iPhone 6 and iPhone 6 Plus

Amazon Fire Amazon Fire

Samsung Z - Tizen Samsung Z - Tizen


HTC One mini 2 HTC One mini 2

OnePlus One OnePlus One

HTC One (M8) HTC One (M8)

Samsung Gear 2 Tizen Watch Samsung Gear 2 Tizen Watch

HP VoiceTab HP VoiceTab

T200 octa-core T200 octa-core

Nokia 2520 Tablet Nokia 2520 Tablet

Samsung Galaxy Round Samsung Galaxy Round

BlackBerry Z30 BlackBerry Z30

iPhone 5S and iPhone 5C iPhone 5S and iPhone 5C

Samsung Galaxy Mega Samsung Galaxy Mega

Sony SmartWatch 2 Sony SmartWatch 2

iOS 7 iOS 7

Jolla Jolla

BlackBerry Z10 BlackBerry Z10

Galaxy S 4 Galaxy S 4

Galaxy Note 8.0 Galaxy Note 8.0

Ubuntu on Tablets Ubuntu on Tablets

LG Optimus G Pro L-04E LG Optimus G Pro L-04E

Firefox OS Firefox OS

Sony Zperia Z Sony Zperia Z


Valid HTML 4.1!

RSS © 1999-2019 Traques LLC
All times recorded in UTC