Wednesday, December 19, 2007

Paul Allen applies to bid in U.S. wireless auction

A venture led by Microsoft Corp (MSFT.O: Quote, Profile, Research) co-founder Paul Allen has applied to bid in an upcoming U.S. auction of coveted wireless airwaves, according to auction documents released late on Tuesday.

Allen was listed with an entity called Vulcan Spectrum LLC among the applicants who filed to bid in the Federal Communications Commission (FCC) auction of 700-megahertz spectrum, which is scheduled to begin on January 24.

Allen heads an investment company called Vulcan Capital and is also a majority shareholder in U.S. cable operator Charter Communications (CHTR.O: Quote, Profile, Research).

Allen and Vulcan Spectrum were on a list of scores of potential bidders who filed applications ahead of a December 3 FCC deadline. The list was made available on the FCC's Web site late on Tuesday.

The auction applicants also included, as expected, Internet leader Google Inc (GOOG.O: Quote, Profile, Research) and U.S. wireless providers AT&T Inc (T.N: Quote, Profile, Research) and Verizon Wireless, a joint venture of Verizon Communications Inc (VZ.N: Quote, Profile, Research) and Vodafone Group Plc (VOD.L: Quote, Profile, Research). Also listed was Qualcomm Inc (QCOM.O: Quote, Profile, Research).

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