Verizon & AT&T Biggest Winners in FCC Auction

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Verizon Wireless was the biggest
winner of  the Federal Communications
Commission’s 700 MHz auction, winning  six large licenses that
i will give it air space to provide next-generation
wireless broadband service in the C-Block of the spectrum vacated by broadcast television.

AT&T won 227 licenses from the “B” block of regional
licenses, but  Google, while it submitted a serious
bid for the C block, in the end won no licenses.

AT&T winning bids totaled about $6.64 billion while Verizon is paying $9.63 billion.