Now On The Block: Chunks Of The Sky (Yahoo! News)
The Advanced Wireless Services auction (AWS) will commence this week, with bidders large and small. The FCC wireless spectrum licenses that are up for grabs are expected to usher in a new era of telecommunications and reshape the landscape of wireless service providers.
Large corporate partnerships have formed between Comcast and Sprint Nextel Corp. as well as DirectTV and EchoStar Communications. Each of them anticipating a multi-million dollar investment after acquiring a portion of the wireless spectrum.
The AWS auction is expected to raise $15 billion for the US Government. It will extend over a month.