THE US Federal Communications Commission is set to take its first stab at defining how this year’s spectrum auction will take place.

The agency plans later this year to auction spectrum that is being returned by television broadcasters as they move to digital signals early in 2009.
The sale is touted as the last opportunity for new players to enter the wireless market and is expected to raise billions of dollars.

But first the FCC has to define how the auction will work, provide a set of rules on how the spectrum will be divided and say what kind of services can be offered using the airwaves.

The FCC is expected to outline a tentative plan at an open meeting of its commissioners on Wednesday - a crucial step that will help potential bidders craft their strategy.

Posted: 04|25|07 at 9:29 am. Filed under: US News.