WASHINGTON-The Federal Communications Commission announced it has agreed to reduce bid withdrawal penalties faced by Atlanta Trunking and MAP Wireless, bidders in the recent 900 MHz specialized mobile radio auction.
The commission reduced Atlanta Trunking’s fine to $45,594-twice the minimum bid increment for the license at the time of the error-and reduced MAP’s fine to a minimum bid increment of $206,400.
Atlanta Trunking had bid $125 million for the Atlanta license, inadvertently adding zeros when it meant to bid $125,025, said the FCC. MAP bid $22.7 million instead of $2.2 million for the Rockford, Ill. market, said FCC.
