Spectrum Auction: TV's New Exit Price Plummets to $10B [telecom]

By John Eggerton

TV broadcasters in stage 4 of the reverse portion of the FCC's incentive auction have set a new price for clearing off their TV spectrum: $10,054,676,822.

That is a huge drop from the previous round and sounds like a number wireless operators might be able to love, or at least meet, so long as the average price in the top markets also meets the second prong for closing the auction successfully. It is a far cry from the $86 billion broadcaster asking price when the auction began, though that was for much more spectrum. One low-power TV advocate called it a "fire sale."

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Monty Solomon
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