Today is the start date for the 700MHz auction. Keep your channels locked to AndroidGuys for all the latest spectrum news! Here’s a few quick things to know as it gets underway.
- The auction is officially called Auction 73
- The move from analog to digital television is what frees up the bandwidth in the 700MHz range.
- The auction is ‘silent’ in that the FCC will disclose to bidders the current asking price for each block without revealing anything about the who the high bidders are.
- Some big names participating are AT&T, Verizon, Cox Communication, and of course, Google
- There are 5 “blocks” up for grabs. Block C is by far the most prized of them as it contains the most bandwidth (22MHz, broken into two 11MHz pairs )
- The winner of Block C has to commit to an open-access network. Essentially, any device capable of supporting the protocols must be allowed.
- The reserve price for Block C is $4.64 billion.
- If the reserve price is not met, a new auction will start and ‘open-access requirement’ will be gone. This is what drives the rumors that Google intends to bid it up to the reserve price then bow out of the auction.