Broadcast Auction Bids Heat Up

The FCC is stepping up the pace of the bidding rounds in the forward part of the incentive auction. Beginning June 13, the agency started conducting three rounds of bidding per day, up from the previous two. Initially, experts suggested that the reverse auction could run a maximum of 51 rounds. However, the new schedule may mean that the auction could end in late June – early July.

While it’s not clear when the forward auction begins, the agency has now set July 1 as the deadline for wireless auction applicants to make their upfront payments.

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