09.10.08

Block D Auction Update

Posted in public safety, spectrum at 7:52 am by JamesNeel

According to the WaPo, new rules for Block D have been issued:

Under the new proposal, the network would be auctioned as one national block of radio spectrum or, alternatively, as 58 separate regional airwaves licenses. The agency said that it prefers to sell the spectrum as a whole and that it would give priority to such a bid. But if no one meets the minimum reserve price for the national block, the commission would close the auction with a minimum of half of the 58 regional licenses sold.

To attract bidders in a new auction, Martin said yesterday that the minimum price to bid on the network would drop by nearly half, to $750 million. The deadline to build the network would extend to 15 years from 10 years, and any lease charges from public safety officials would be capped at $5 million a year.

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