More FM construction permits were bid on as an FCC auction of...
More FM construction permits were bid on as an FCC auction of 144 of them continued. The commission held back 42 permits after 20 rounds of Auction 91. That’s 13 percent less than at the end of the first day…
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of activity on Wednesday (CD April 29 p9). Total winning bids on a net basis rose 56 percent from round 4 to $7.54 million, agency figures showed. Lawrence Park, Pa., had the highest bids, with $2.07 million. Another four construction permits had bids above $500,000, including Daytona Beach Shores, Fla., subject of active bidding early on. Starting Tuesday, the commission had sped up bidding, to six rounds daily from four, noted wireless lawyer Raymond Quianzon of Fletcher Heald, who’s a specialist in spectrum auctions.