FCC spectrum auction is completed with $19.6 bln in bids - MarketWatch

WASHINGTON (MarketWatch) -- A sale of communications airwaves by the federal government to the commercial wireless industry closed Tuesday, after 261 rounds of bidding and $19.6 billion in bids.

The end of the auction means that, within a short period of time, the Federal Communications Commission will reveal who the winners of the valuable radio spectrum licenses are, and where in the country they acquired airwaves.

The proceeding was conducted on a blind-bidding basis, which means that, throughout the sale, bidders have been anonymous. The FCC put this in place after some potential participants in the auction argued it would enhance competition.

[From FCC spectrum auction is completed with $19.6 bln in bids - MarketWatch]

As one of the many customers that made the jump from analog to digital, which is what allowed this bidding to happen, I would like to say the following:

"Where's my cut?"

And by cut I don't mean two discount coupons to buy ATSC tuner boxes.

Actually, I don't care, I was hoping they would make like bandits. Now I hope they can take that freed up bandwidth and do something creative with it, maybe solve the last mile problem for rural america once and for all.