CCA Statement on Conclusion of Incentive Auction Clock Phase Reviewed by Momizat on . Statement by CCA President & CEO Steven K. Berry on the conclusion of the Incentive Auction clock phase: "Today, the FCC made history.  The first-of-its-kin Statement by CCA President & CEO Steven K. Berry on the conclusion of the Incentive Auction clock phase: "Today, the FCC made history.  The first-of-its-kin Rating: 0
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CCA Statement on Conclusion of Incentive Auction Clock Phase

Statement by CCA President & CEO Steven K. Berry on the conclusion of the Incentive Auction clock phase:

“Today, the FCC made history.  The first-of-its-kind Incentive Auction clock phase ended after 318 days and 58 rounds, resulting in a net proceed of $19.6 billion and raising almost $7 billion for the United States treasury to include money for deficit reduction.  More importantly, with the help of a market-based mechanism to stimulate greater participation, the auction successfully allocated seven blocks of prime beachfront spectrum while meeting Congress’s directive to promote deployment of new technologies, products, and services to all Americans, including ‘those residing in rural areas,’ without the threat of market dominance thwarting competition.  I thank Congress for authorizing and ensuring a successful auction, and congratulate the FCC for concluding the clock portion of this auction, which resulted in the second highest amount of net bids of any FCC spectrum auction.  CCA members look forward to a safe and efficient post-auction transition, and will continue to work with the Commission to utilize this spectrum for the benefits of consumers, carriers and the economy.”

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