[opendtv] Re: News: Spectrum Auction Update: $3.7B in Bids
- From: "Bob Miller" <robmxa@xxxxxxxxx>
- To: opendtv@xxxxxxxxxxxxx
- Date: Fri, 1 Feb 2008 23:03:13 -0500
Auction 73/76 reached the $15 billion that pundits said it might on its 5th
day and 21st round of bidding. Since then it has gone on to $18.5 Billion at
round 26 and day 7.
Other auctions of this same 700 MHz spectrum, 44 and 49, and the AWS-1
auction of 2006 for less desirable spectrum yielded this info.
Auction 44 generated $116,118,800 in bids and $88,651,630 in cash in 16 days
from 125 bidders in 84 rounds.
Auction 49 generated $62,983,100 in 13 days from 56 bidders in 86 rounds.
Auction 66 the AWS-1 and most recent auction generated $13,879,110,200 from
168 bidders in 29 days and 161 rounds.
This suggest that Auction 73/76 has a way to go, compare 29 days and 161
rounds in Auction 66 to 7 days and 26 rounds so far in Auction 73/76.
Auction 73/76 could go over $30 billion or about half what I thought it
would go to, $60 billion. It is the economy. The FCC has had the uncanny
ability to pick dates that turn out to be challenged. At least four big
bidders everyone thought would be in this one are not.
There are a few wrinkles in this auction that could still propel it higher
than $30 Billion though.
Bob Miller
On Jan 28, 2008 9:48 AM, Craig Birkmaier <craig@xxxxxxxxx> wrote:
> Some folks have questioned the amount that might be raised in this
> spectrum auction. Keep in mind that it may take months with
> potentially 100 rounds of bidding before this thing is over. For now
> we are just playing games, trying to get a feel for who may be
> serious.
>
> Regards
> Craig
>
>
> http://www.broadcastingcable.com/article/CA6525782.html?display=Breaking+News&referral=SUPP&nid=2228
>
> Spectrum Auction Update: $3.7B in Bids; Done Until Monday
> Federal Communications Commission Must Raise at Least $10B
>
> By John Eggerton -- Broadcasting & Cable, 1/25/2008 2:59:00 PM
>
> With bidding over until Monday, the Federal Communications
> Commission's auction of spectrum in the 700-megahertz band has so far
> generated $3.7 billion in bids. In its most recent round -- No. 4 --
> the dollar amount increased by a half-billion over the round-three
> total.
>
> In the most recent round of (anonymous) bidding for five blocks of
> spectrum being reclaimed from TV broadcasters in the switch from
> analog to digital, bidding for what is essentially a national license
> (a package of spectrum covering all 50 states) pushed the price to
> $1.792 billion, although it must reach at least $4.6 billion, which
> is the minimum sale price or the spectrum gets reauctioned.
>
> The FCC needs to make sure it raises at least $10 billion since some
> of the money has already been spent for the digital-TV-to-analog
> converter-box-coupon program and first-responder funding, with the
> rest promised to the treasury for deficit reduction.
>
> There was still only one bid, and no new bid, for another national
> swath of spectrum that must be shared with first-responders. That bid
> price stands at $472 million, but it must bring three times that
> much, at least or it, too, will be reauctioned. The FCC lowered the
> floor bid for that spectrum again, to $522 million. It had previously
> been lowered from $531 million to $525 million.
>
>
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