Obama paves way for incentive auctions

President Obama has signed the Middle Class Tax Relief and Job Creation Act of 2012 into law.  The bill included language giving the FCC authority to hold incentive auctions of television spectrum, aimed at increasing the bandwidth for broadband service.  Read the article from TVBR.

Many experts have stated that they don’t expect any of the major television companies to hand over their licenses.  Will there be enough participation in an auction to make a difference in either the United States Treasury or broadband services?  We’ll have to wait and see.