toggle

AAPL Stock: 122.77 ( -0.61 )

Subscribe to this page now.

FCC's 700MHz auction tainted by extortion charges

03/24, 4:15pm

700MHz auction extortion?

The FCC has agreed to look into accusations of extortion following its 700MHz wireless auction, reports say. While major blocks of the sought-after spectrum were quickly snapped up by companies such as AT&T and Verizon, the D block was largely abandoned, receiving a single $472 million bid by Qualcomm -- well short of the FCC's asking reserve price, $1.3 billion. The investigation will be headed by the FCC's inspector general, Kent Nilsson.

more

Advertisement

Connect with Us

FREE Apple, iPhone and Mac Newsletter

  • We will not share your email address with anyone.

    Follow us on Facebook

    toggle

    Most Popular

    Advertisement

    Recent Reviews

    15-inch MacBook Pro with Force Touch

    Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

    Typo keyboard for iPad

    Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

    Entry-level 27-inch Retina iMac

    The 27-inch Apple iMac with 5K Retina display is already one of the best value-for-money Macs that Apple has ever released. It was som ...

    toggle

    Most Commented