AT&T and Verizon to Lead Charge in FCC Wireless Spectrum Auction
#AT&T (T) , #Verizon (VZ) , #T-Mobile (TMUS) , #Comcast (CMCSA) , #Dish (DISH) and others start bidding Tuesday for the most appealing wireless spectrum left in the government’s portfolio. The Federal Communications Commission opens the second phase of a groun dbreaking auction — the first of its kind in the world — that allows wireless carriers and others to buy licenses to the wavelengths that TV stations use to broadcast their programs. The FCC concluded the first part of the auction last month, asking station owners how much they would take to sell. The government made a series of descending bids, starting with high offers and reducing the payment until it reached the lowest amount at which enough TV station owners in each market would sell.