Market Overview

FCC Delays Incentive Auction Yet Again

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The Federal Communications Commission reported on Friday that it has decided to delay its incentive auction until 2016.

The governmental agency initially had set a goal of completing the auction in 2014, but initially in December 2013 postponed the event to mid-2015 back.

In a blog post, the FCC said that there were "undeniable impediments to our efforts to implement a successful auction" mostly due to court challenges brought on by some broadcasters in which final briefs are not due until late January 2015 with oral arguments to follow at a later date that has yet been determined.

The FCC will begin accepting applications for the auction in fall 2015 with the auction scheduled to debut in 2016. The FCC stated that it remains focused to successfully implement the incentive auction despite another setback.

Posted-In: FCC Incentive AuctionNews

 

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