Bidding in FCC’s C- and F-block PCS auction rose to $14.57 billio...
Bidding in FCC’s C- and F-block PCS auction rose to $14.57 billion Wed., vs. $14.2 billion Tues. Salmon PCS, designated entity with Cingular Wireless investment bid $3.06 billion, followed by AT&T Wireless-backed Alaska Native Wireless with $2.42 billion. Competition…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
remains strong for 3 N.Y.C. licenses, all of which now have surpassed $1 billion mark. In 43rd round, Verizon Wireless bid $1.42 billion for one license there, Salmon PCS $1.13 billion for another and Alaska Native Wireless $1.04 billion for 3rd. Other high bidders in auction of 422 licenses that began Dec. 12 include DCC PCS with $966.4 million, Cook Inlet with $486.8 million, VoiceStream with $385.9 million, Leap Wireless with $336.8 million. Of top 15 bidders, 13 are designated entities, with Verizon Wireless and VoiceStream representing exceptions. Next highest bid for single license after N.Y.C. is $519.7 million for L.A. license by DCC PCS, subsidiary of Dobson Communications.