FCC Schedules First Major Spectrum Auction in More Than Five Years
The Federal Communications Commission announced that in January 2014 it will hold its first significant spectrum auction in more than five years. The FCC said that it will auction off a 10MHz portion of nationwide spectrum known as the PCS H block on January 14, setting a minimum price of $1.56 billion. Some of the proceeds will go toward creating a mobile network for police, fire and other first responders.