FCC says TV airwaves being sold for wireless use worth $86.4 bln

By David Shepardson WASHINGTON (Reuters) - The U.S. Federal Communications Commission said on Wednesday the price of 126 MHz of television airwaves taken from broadcasters to be sold for wireless use in an ongoing auction is $86.4 billion. The FCC disclosed the price in a statement after completing the first part of an auction to repurpose low-frequency wireless spectrum relinquished by television broadcasters. "Strong participation from broadcast stations made this initial clearing target possi