The Federal Communications Commission will begin auctioning off airwaves that are currently occupied by television stations on channels 52 through 69. The government estimates the auction will raise as much as $15 billion.

The F.C.C. has set a minimum price of $10 billion for five blocks of licenses — 1,099 in all. The largest amount received by the commission in a previous license spectrum auction was $13.7 billion in 2006.

Price information can be seen at auctions.fcc.gov

Posted: 01|23|08 at 9:35 pm. Filed under: US News.