FCC Auction 94 has ended. Fifty-five bidders for a...
FCC Auction 94 has ended. Fifty-five bidders for a total of $4.1 million net won 93 FM construction permits (CPs). FCC figures (http://fcc.us/12NDDzz) showed 19 CPs were held back by the agency, less than the 25 that garnered no bids…
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beyond the minimum earlier in the auction (CD April 30 p1). “Plenty of happy bidders are now presumably basking in the warm auction afterglow,” wrote Fletcher Heald auction lawyer Raymond Quianzon on the law firm’s blog (http://bit.ly/16cv4S9). “Successful bidders in Auction 94 were, in many instances, able to snatch up permits for bargain-basement prices. It’s a buyer’s market out there."