Broadcast Auction Bidding Rounds Upped
The FCC is stepping up the pace of the bidding rounds in the first part of the incentive auction.
Beginning Monday, June 13, there will be three rounds a day, up from the current two rounds.
Initially, experts the reverse auction could run a maximum of 51 rounds; the hastened schedule means it could end in late June, rather than go into July, according to Wileyonmedia.
By the end of yesterday, 14 rounds were completed.
While it’s not clear when the forward auction begins, the agency has now set July 1 as the deadline for wireless auction applicants to make their upfront payments.