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The Federal Communications Commission( FCC) has set the opening bids it is making to buy broadcast television licenses in the spring, with high prices designed to bring TV stations into a process that will eventually clear new airwaves for wireless carriers.
The prices, which range from less than $100 million in smaller markets to as much as $900 million for a station in New York City.The TV stations’ airwaves are more attractive because they can carry wireless signals over long distances and deep into buildings.
According to wsj Some major broadcasters including CBS Corp. and 21st Century Fox Inc. have shown interest in selling some licenses in the auction.
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AIRWAVES AUCTION OPENING BIDS FOR SELECTED MARKETS |
The prices, which range from less than $100 million in smaller markets to as much as $900 million for a station in New York City.The TV stations’ airwaves are more attractive because they can carry wireless signals over long distances and deep into buildings.
According to wsj Some major broadcasters including CBS Corp. and 21st Century Fox Inc. have shown interest in selling some licenses in the auction.
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