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Comcast (CMCSA) Invested $1.7B to Acquire Spectrum in FCC Broadcast Incentive Auction

April 13, 2017 3:09 PM EDT

The FCC today announced the results of the Reverse and Forward auctions of its Broadcast Incentive Auction. Comcast Corporation (Nasdaq: CMCSA) participated in both auctions.

In the Reverse Incentive Auction, NBCUniversal Owned Television Stations relinquished spectrum in three of its duopoly markets... More