FCC sets bid prices, application filing dates in airwaves auction

FCC sets bid prices, application filing dates in airwaves auction, The U.S. Federal Communications Commission on Friday appear aperture bid prices for its airwaves bargain in a accessible apprehension and aswell set the dates for broadcasters to book applications for the auction.

"For all applied purposes, we've accursed the starting gun: the absolution of final aperture bid prices - accumulated with the abundant appliance procedures and added abstracts appear bygone (Thursday) - provides broadcasters with all of the advice they charge to adjudge whether to administer to participate in the auction," FCC Chairman Tom Wheeler said in a statement.

Applications to participate in the about-face bargain have to be filed amid Dec. 1 and Dec. 18, according to the notice, which said that backward filings would not be accepted. Broadcasters have to accomplish to a adopted antecedent bid advantage by March 29, as well.

A chief FCC official, conference reporters on action of anonymity, said the accomplished action will acceptable abutting in the additional or third division of 2016.

According to the notice, the accomplished aperture amount in the bargain is $900 million, which would go to WCBS-TV in New York.
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