FCC Spent $100 Million on Auctions Last Fiscal Year
The FCC spent just more than $100 million on spectrum auctions in FY 2015, said a report released by the agency Tuesday. The biggest expense, $56 million, was “other contractual services,” followed by personnel costs at $27 million. FromFY 1994-2014,…
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the FCC said it spent $1.42 billion on auction, bringing in an average $4.3 billion per year in cash receipts including receipts from FY 2015.