Broadcast auction benefits shrinking?


GavelThe FCC’s latest public notice on the spectrum auction is designed to get it on the runway and primed for take-off. And one of the specifics mentioned has Wells Fargo Securities shaking its head and questioning the trustworthiness of the Commission.

According to Wells Fargo’s Marci Ryvicker, if broadcasters had doubts about the Greenhill auction valuations before, they may be greatly increased after this at this point.

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