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700MHz hopeful Frontline "closed for business"

There's a bit of a mystery emerging on the 700MHz auction front. Frontline Wireless, which has made no secret of its desire to bid and win on the D-block spectrum, has a released a statement saying "Frontline is closed for business at this time. We have no further comment." At the risk of stating the obvious, we'd say that it's a rather inconvenient time for the company to be "closed for business," and this could spell doom for the company's efforts in the 700MHz auction -- or not, there's really no way to tell at this point, and Frontline's industry connections run deep, including a sketchy sounding partnership with "Backline." In time all will be made clear, but for now we've got to wait out this silent auction with everybody else, which may or may not include Frontline Wireless.

Update: Both GigaOm and the New York Times are reporting that apparently Frontline Wireless was unable to raise the deposit required to participate in the auctions. What boggles is that the $128 million required up front is a pittance compared to the money spent in the actual bidding process. We just can't wait for the real fun to get started.
While it's sad to see that Frontline has lost the keys to "unlocking the value in 700 MHz" we're stoked for the fun to get started.

Who's in on the 700MHz auction?

Feel free to shout it out in the comments, we know y'all are gunning for a piece. What's that? Don't quite have enough change in the couch to hit the $4.6 billion minimum bid on the 700MHz C block? How lame. Lucky for us, there are quite a few companies out there that do have that kind of cash earmarked for this and other highly desirable parts of the spectrum, which should make for some exciting bidding. Too bad FCC's auction process, which begins on January 24th, is totally blind, and with the exception of the few companies that have publicly stated their intentions to bid, we won't know much about how the auction went down until February or March. The following, however, are confirmed:
Sounds like slim pickings, but there a bunch of wild cards out there, including satellite providers, smaller wireless carriers and even big box retailers.

[Via paidContent.org]

Wholesaling of D block spectrum okayed by FCC

Landing an agreement to create a worldwide mobile broadband standard with the freed up 700MHz band isn't the only good news going on in the spectrum world, as the FCC has also waived a previous regulation that would require winners of the D block segment to not wholesale more than 50-percent of its capacity. Now, the winner will be able to wholesale up to 100-percent of the capacity so long as it abides by the other guidelines surrounding D block, most notable of which is the provision that requires the victorious bidder to "build out a nationwide wireless network that is good enough to meet public safety specifications for coverage and redundancy." The move is seen as one that will widen the range of potential bidders and encourage small business participation, and for consumers, it could offer up more competition in the mobile services marketplace. Sounds like a surefire win-win, eh?

[Via RCRNews, image courtesy of toddemslie]
Read - FCC D block waiver [PDF]
Read - Explanation of D block spectrum




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