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FCC: Economy Could Dampen Wireless Sale

In credit crunch, smaller bidders face capital shortage

By Jane Yager,  Newser Staff

Posted Jan 18, 2008 10:24 AM CST

(Newser) – FCC head Kevin Martin registered concern this week about the impact of the credit crunch on the government auction of wireless airwaves scheduled to begin Jan. 24, Reuters reports. The auction, which Congress has ordered to go forward, comes at a time when the meltdown...   Read full story »

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