Thursday, January 31, 2008 by Mistlee
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| |  | FCC Auction Bidding Tops $11.5 Billion
By David A. Utter Who blinks first in a standoff over the prized slice of spectrum? As the FCC uses an anonymous bidding process, including penalties for collusion to keep it anonymous, the progress of Auction 73 is a little less interesting than it could be.
Someone should eventually push the bidding for that block of spectrum, which will be freed with the digital television signal conversion in 2009, up and over the $4.6 billion mark. The minimum bid for the next round for this piece of the 700MHz spectrum will be over $4.7 billion.
As CNNMoney noted, open access conditions for this piece of the spectrum come into effect once the bidding passes $4.6 billion. Google proposed four openness conditions for the auction, offering to bid the minimum $4.6 billion if the FCC embraced all four.
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