SBS to take part in US Television Spectrum Incentive Auction


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Juan Fernandez Gonzalez

| 13 January 2016




Spanish Broadcasting System (SBS) is to participate in the FCC's Television Spectrum Incentive Auction with its Miami and Houston television stations.



“We have filed applications to participate in the FCC's television spectrum incentive auction with our Miami television station, WSBS-CD – Channel 50, and our Houston station, KTBU – Channel 42, to potentially generate cash proceeds that are expected to be created by the auction process,” explained the media company.

The FCC's incentive auction is the first of its kind in the US, and aims to repurpose spectrum by encouraging licensees to voluntarily relinquish usage rights in exchange for a share of the proceeds from an auction of new licences.

“All participants in the FCC's television spectrum incentive auction we will be subject to the FCC's anti-collusion rule, which prohibits certain communications during a quiet period. The quiet period will end when the FCC issues a public notice announcing the completion of the reverse and forward auctions, which will likely be sometime in late 2016,” added the network.