DirecTV wont bid on spectrum auction article (1 Viewer)

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DirecTV Won't Bid In FCC Spectrum Auction

"DirecTV Won't Bid In FCC Spectrum Auction
December 04, 2007: 12:05 PM EST

WASHINGTON -(Dow Jones)- Satellite television company DirecTV Group Inc. (DTV) won't participate in the upcoming Federal Communications Commission communications spectrum auction, a spokesman said Tuesday.
Monday marked the deadline for companies to officially notify the FCC of their intention to participate.
There had been speculation that DirecTV and rival Echostar Communications Corp. (DISH) would jointly bid in the spectrum sale as they did in a similar auction last year.
On Monday, a person familiar with Echostar's thinking said the company had filed with the FCC, but would not bid with DirecTV." ( By Corey Boles, Dow Jones Newswires; 202-862-6637; corey.boles@dowjones.com )
 
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