Auction action heats up

Auction action heats up
RCRNews.com - Golden,CO,USA
... with the Public Safety Spectrum Trust Corp. to fulfill the FCC’s guidelines for creating a nationwide network serving the public safety community. ...

…auction participants continue to tip-toe past the national commercial-public safety D-Block license, which has yet to gain a new bid since the opening round. The potential winning bid for the D Block remained at $472 million with no one willing to ante up the minimum $519.4 million needed for a new bid. The license includes a $1.3 billion reserve price as well as the need for the potential winner to coordinate build out of the spectrum with the Public Safety Spectrum Trust Corp. to fulfill the FCC’s guidelines for creating a nationwide network serving the public safety community.