Wireless Spectrum Auction Ends – FCC Sells for $19.6 BILLION

Today marks a new day in technology. The Federal Communications Commission announced that the auction for the 700mHz wireless spectrum has ended with the closing bid of $19.6 Billion. They have yet to release the winner, but I’ll be sure to update this post as soon as it’s announced. The winner is either Verizon, AT&T, or Google.

“The winning bids totaled $19,592,420,000. That’s nearly double the amount the commission had hoped to raise from the spectrum being abandoned next year as television stations switch to new frequencies”. -NyTimes.com

Why is this such a big deal?

If you aren’t aware, the wireless spectrum up for grabs here will give the winning bidder

access to some of the best remaining spectrum – enabling them to send signals farther from a cell tower with far less power, through dense walls in cities and over wider territories in rural areas that are now underserved. – NyTimes.com

What we the consumers can expect…
Expect a higher demand in mobile devices. Data will be pushed across this wireless spectrum much more freely.  I predict to see a massive explosion of mobile internet browsing and sharing (right now, only about 10% of mobile phone users use the internet).  Bittorrent P2P sharing will boom as people will be more willing to share data if the speeds are faster.  Very exciting stuff…

Need an SEO Consultant for your Local Business in Chicago? Contact me today for a free initial SEO consultation for local business owners in Chicago and Chicagoland area.
Download my SEO Best Practices Guide for some free tips!

31 Comments - Leave a comment

Leave a Reply