FCC auction of 600MHz spectrum finally comes to an end with $19.63 billion bid

The FCC's auction of 600MHz spectrum has finally come to an end. In two weeks, the regulatory agency will announce the winning bidders for each block that was auctioned off. The low frequency airwaves travel farther and penetrate buildings better, which is why many carriers were interested in the auction. The spectrum came originally from television broadcasters. The FCC is giving these television and radio stations 39-months to complete the transition to new channels. The broadcasters are seeking additional time while the winning bidders are hoping to receive ownership of the airwaves as quickly ...