The U.S. Federal Communications Commission (FCC) is preparing for its first-ever auction of radio spectrum for satellite services, and bidders in industry appear eager to ante up hundreds of millions of dollars. The ``spectrum'' auction, set for Jan. 24 in Washington, actually involves the selloff of two of the eight orbital slots given to the U.S. by international agreement to access the 12.2-12.7 Ghz. range reserved for direct broadcast satellite (DBS) services. A FIERCE ...

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