The FCC yesterday officially voted to re-auction the nationwide 700 MHz D-block spectrum at an opening bid of $750 million.
Commissioner Kevin Martin said no reserve price is needed beyond that amount because the previous auction produced sufficient revenue.
As expected, there is a complex new plan with simultaneous rival auctions outlined at the FCC’s spectrum page. The spectrum will be given up by the television industry and is intended for use by emergency responders during major incidents, such as a hurricane or terrorist attack.
All of the FCC commissioners agreed with the decision, although Jonathan Adelstein partially dissented because of new carrier reporting methods that are included.
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