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The Wireless Bureau on Thursday completed its first-ever reverse auction...

The Wireless Bureau on Thursday completed its first-ever reverse auction for the new Mobility Fund, FCC Chairman Julius Genachowski said in a news conference Friday. The auction has implications for an incentive auction of broadcast spectrum, which includes a reverse…

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auction by broadcasters of their spectrum licenses, he noted. (See related story, this issue.) “While the results are still being validated, we now expect this will be a major success,” Genachowski said. “We will be announcing the final results of the auction in the coming days.”