FCC spectrum sale attracts billion$ in bids

Wireless tech companies and others bid nearly $1 billion last Wednesday during the first day of an FCC auction of spectrum in the 1850 MHz to 1990 MHz bands. Nearly 250 licenses were up for sale in what some analysts say may be the last major spectrum auction until mid-2006. Link to NYT story, link to NYT reg-generator. (Thanks, Frank Keeney)