The Great U.S. Wireless Auction continues...
America moves from analog to digital television in 2009. It is that shift which has opened up the 700MHz wireless spectrum for auction by the US Federal Communications Commission (FCC) this month, heralded as one of the greatest communications auctions of all time.
The bidding has been expected to raise between $15bn and $20bn from organizations including Apple, AT&T, Cox, Google, NTT DoCoMo and Verizon. But, money aside, the auction could initiate a new era of mobile computing.
However, in one of the many ups and downs along the way, Frontline Wireless, an ambitious start-up backed by the likes of venture capital heavyweights John Doerr (KPMG) and James Barksdale (Barksdale Management), announced they are "closed for business at this time" after failing to garner enough funding to bid on the FCC wireless spectrum it needed to move forward.
For more background on the auction itself, see my December CNET column:
Tech Visions: Wireless sale of the century
$15bn band grab could spark mobile revolution…
The bidding has been expected to raise between $15bn and $20bn from organizations including Apple, AT&T, Cox, Google, NTT DoCoMo and Verizon. But, money aside, the auction could initiate a new era of mobile computing.
However, in one of the many ups and downs along the way, Frontline Wireless, an ambitious start-up backed by the likes of venture capital heavyweights John Doerr (KPMG) and James Barksdale (Barksdale Management), announced they are "closed for business at this time" after failing to garner enough funding to bid on the FCC wireless spectrum it needed to move forward.
For more background on the auction itself, see my December CNET column:
Tech Visions: Wireless sale of the century
$15bn band grab could spark mobile revolution…
posted by Howard at 10:04 AM
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