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Federal Communications Commission

FCC sets plan to lure TV stations to sell airwaves for mobile services

FCC sets plan to lure TV stations to sell airwaves for mobile services

Federal regulators on Thursday set the date and final rules for a unique, complex effort to buy some broadcast airwaves and auction them to wireless companies to provide more mobile services. The so-called broadcast incentive auction will begin March 29, a little more than four years after Congress authorized the innovative approach in hopes of making more spectrum available for wireless Internet and generating billions of dollars in revenue for the government. The premise is simple: lure some broadcasters to give up their valuable spectrum by offering to share some of the money the government will receive by auctioning the rights to use the airwaves to wireless providers. ...

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