FCC sets Jan. 24 auction for U.S. wireless airwaves

Telecommunications carriers AT&T and Verizon Wireless and Google Inc. are expected to be among the bidders in a government auction of wireless airwaves scheduled to begin Jan. 24, that could raise as much as 15 billion U.S. dollars for the U.S. Treasury.

In about three weeks, the FCC will release a full list of application submissions. Companies that filed incomplete applications have a chance to refile by Dec. 28, which also is the auction's deadline for upfront payments.

[via Xinhuanet.com]

emily | 8:59 AM | |
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