Wireless Auction Opens With $2.4 Billion Bid Total

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Opening bids in the first round of the Federal Communications Commission’s auction of the government-owned airwaves have topped $2.4 billion. Bids for blocks have ranged from $472 million all the way up to $1.04 billion.

The figure represents the highest bids received for five separate blocks of spectrum at the beginning of the auction, which is eventually expected to net the federal government at least $10 billion.
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Doesn't anyone find it odd that the government "owns" the airwaves even though it has always been there and someone else "discovered" it?
 
the "air waves" are supposed to belong to the American people...

so i am waiting on my check :rolleyes:
 
Its now up to $2.78 billion. :eek:

If Verizon is going to be spending that type of money on airwaves they better get their butts in gear and get FiOS installed out where I live. Damnit! :p
 
So, assuming someone like Verizon wins this, are they going to start charging us for the air we breathe because it might have interacted with their airwaves? Mega Corporations FTL. Time to start fighting against the man....:(
 
tacosareveryyummy said:
So, assuming someone like Verizon wins this, are they going to start charging us for the air we breathe because it might have interacted with their airwaves? Mega Corporations FTL. Time to start fighting against the man....:(
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Are you on Windows? Better gear up for that fight, too.
 
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