Word: fcc
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...immediate cause of all this was an obscure bit of rulemaking from the Federal Communications Commission. The FCC for the past four months has been selling off slices of the broadcast spectrum -- the radio bands used for everything from dispatching taxis to broadcasting Rush Limbaugh's belly laughs. And in preparation for a big auction scheduled to begin in December, the agency required that all companies seeking to bid on this latest piece of electromagnetic real estate disclose the names of their business partners by last Friday...
...federal government is bracing for tomorrow's opening of fierce bidding in the second stage of the largest federal auction of the airwaves ever, one featuring bidding by alliances of some of the world's largest telecommunications companies. Last July, the FCC netted more than $600 million from frantic betting for new pager and cellular phone "bandwidths" and this week's bidding should push the total value of the auction at over $1 billion. More than two dozen companies are expected to compete for 30 regional licenses to offer a web of more powerful wireless services, such...
...long-distance phone company announced today it would team with three leading cable TV operators -- TCI, Comcast, and Cox -- to compete with Baby Bells and establish a national wireless communication network. Dealmaking in the wireless business has accelerated in the past month. Also in just ahead of the FCC's Friday deadline: Bell Atlantic-Nynex and U S West-AirTouch...
...FCC [Federal Communication Commission] has approved the move...which shall decrease our wattage, increase our height and increase our listening audience by a million people," Rassen says...
...turbulent world of telecommunications, what seems to be opportunities can often turn into pratfalls. In early August the fcc auctioned off licenses to provide two-way TV over cellular systems. A total of 178 companies submitted winning bids totaling $215 million. Yet nearly 30 of the winners soon defaulted, and the government expects to collect only about $130 million of the original amount...