Play 23 different addictive eWoss Games. It's FREE! Win money!
eWoss News
Home  News  Sports  Games
   
Welcome Guest
   Sign Up | Sign In
Business News
Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance

eWoss News
Breaking News Headlines
Top News Stories
U.S. National News
World News
Sports News
Business News
Entertainment News
Tech Industry News
Political News
Science News
Health News
Weird News

eWoss NewsBar
Free News Headlines Embedded in Your Browser

eWoss Sports
eWoss Sports Home
NFL
NBA
NCAA Football
College Hoops
NHL
MLB

Latest Business News

Spectrum Auction Raises $19.6 Billion

Tuesday, March 18, 2008 4:35:51 PM
By JOHN DUNBAR

WASHINGTON (AP) - Bidding closed Tuesday on a record-setting government airwaves auction with the total amount pledged reaching nearly $19.6 billion. But enthusiasm in the result was tempered by doubts concerning the future of a proposed emergency communications network.

The total was the most since the Federal Communications Commission began using auctions in 1994 as a way to decide who should be granted rights to use portions of the publicly owned airwaves.

About one-sixth of the spectrum at auction was dedicated to the creation of a nationwide, emergency communications network for first responders. But the so-called D block did not attract the minimum bid required by FCC auction rules.


Would you like to read the rest of this article?

Register with us. It's free!

Registered users have complete access to all articles.

The registration process takes less than one minute to complete. Remember, there is absolutely no charge for this service.

So please sign up or sign in to enjoy unrestricted access to eWoss News.

Other Latest Business News

Bush, Hill leaders: Job losses argue for auto help 12:05PM CT
AP IMPACT: Some bailout holdings down $9 billion 12:00PM CT
Sotheby's to implement layoffs, salary reductions 11:59AM CT
European stocks close sharply lower after US data 11:48AM CT
Kashkari: Taxpayers will see return from bailout 11:47AM CT
Merrill, BofA shareholders approve combination 11:40AM CT
Latin American stocks dive on US unemployment 11:36AM CT
Threat of piracy could push up cruise insurance 11:35AM CT
Employers cut 533K jobs in Nov., most in 34 years 11:28AM CT
Judge allows Circuit City to pay former employees 11:19AM CT

   

© 2008 eWoss.com. All trademarks are the property of their respective owners. All Rights Reserved.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.