M
mwheeler@cfl.rr.com
Guest
Original poster
According to SkyReport.....
Companies Bid $12.2 Million in DBS Auction
The Federal Communications Commission commenced its auction for non full-CONUS DBS orbital locations Wednesday, and it appears the two participating companies are getting what they wanted.
According to the FCC auctions Web site, Cablevision/Rainbow DBS bid for two licenses - one at 175 degrees and the other at 166 degrees - and its total bidding reached $3.2 million for each slot, or $6.4 million. EchoStar bid $5.8 million for access to spectrum at 157 degrees.
The auction for the Western-oriented locations has netted $12.2 million.
According to the FCC, winners of the DBS licenses are required to complete contracts for construction of a satellite within one year of the grant of authorization. Construction of the first satellite must be completed within four years and must be in operation within six years of the grant of authorization.
Cablevision and Rainbow DBS operate the VOOM satellite TV service. EchoStar's DISH Network has more than 10 million customers.
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Companies Bid $12.2 Million in DBS Auction
The Federal Communications Commission commenced its auction for non full-CONUS DBS orbital locations Wednesday, and it appears the two participating companies are getting what they wanted.
According to the FCC auctions Web site, Cablevision/Rainbow DBS bid for two licenses - one at 175 degrees and the other at 166 degrees - and its total bidding reached $3.2 million for each slot, or $6.4 million. EchoStar bid $5.8 million for access to spectrum at 157 degrees.
The auction for the Western-oriented locations has netted $12.2 million.
According to the FCC, winners of the DBS licenses are required to complete contracts for construction of a satellite within one year of the grant of authorization. Construction of the first satellite must be completed within four years and must be in operation within six years of the grant of authorization.
Cablevision and Rainbow DBS operate the VOOM satellite TV service. EchoStar's DISH Network has more than 10 million customers.
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http://us.click.yahoo.com/L5YrjA/eSIIAA/yQLSAA/EyMolB/TM
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<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/VOOM/
<*> To unsubscribe from this group, send an email to:
VOOM-unsubscribe@yahoogroups.com
<*> Your use of Yahoo! Groups is subject to:
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