Articles about Auction

FCC flashes cash at broadcasters ahead of wireless auction

The US Federal Communications Commission (FCC) is pitching broadcasters to join in on its upcoming wireless spectrum auction with the promise of huge payouts from mobile giants if the TV industry give portions of its broadcast space. In a presentation (PDF) to broadcasters, the FCC said that local TV stations will be able to …
Shaun Nichols, 01 Oct 2014
RadioShack

YOUR DATA could be SOLD in RadioShack's bankruptcy auction

Customer data is being considered as an asset for sale as part of RadioShack's Chapter 11 bankruptcy auction. The auctions, which took place earlier this week, are set to receive either approval or rejection from a federal bankruptcy court on Thursday. Among the assets available are 250+ stores in Mexico, just under 1,000 …
John Legere

AT&T, Verizon will nuke rivals in next US mobile auction – and it's the FCC's fault, says Legere

The CEO of T-Mobile US has called the sell-off of Uncle Sam's radio space to mobile networks "a success for the US Treasury [but] a disaster for American wireless consumers." In a scathing blog post, John Legere calls the $42bn raised by the FCC-run auction "insane," and complained that the two biggest wireless companies – AT&T …
Kieren McCarthy, 19 Feb 2015
germany

German 700MHz auction signals start of Euro spectrum flogoffs

Germany is to be the first country in Europe to flog off the 700MHz frequency band, with auctions taking place in May and June this year. The Teutonic auction will take place seven years ahead of the date Ofcom proposes for the frequency to be made available to mobile operators in the UK. The lower frequencies are more valuable …
Simon Rockman, 04 Feb 2015
Bitcoins

Feds to auction off second tranche of Silk Road Bitcoins worth $19 MEEELLION

The US Marshals Service (USMS) is looking forward to another funding bonanza after holding another auction of Bitcoins seized from the Silk Road online bazaar that was allegedly run by Ross Ulbricht under the handle the Dread Pirate Roberts. The auction is for 50,000 Bitcoins, worth $19,241,924 at current market rates, and the …
Iain Thomson, 18 Nov 2014
hands waving dollar bills in the air

$180,000 buys you lunch with Tim Cook as charity auction ending

The 8th annual charity auction to meet the executive of your dreams (or nightmares) is showing that lunch with Apple's big boss Tim Cook will set you back over $180,000 – other tech leaders, however, are proving less popular. The auction, run by Charitybuzz, raises money for the Robert F. Kennedy Center for Justice and Human …
Iain Thomson, 12 May 2014

FCC eases rules for big telcos ahead of spectrum auction

The US Federal Communications Commission is being praised by large telcos following the introduction of new rules for the upcoming wireless spectrum auctions. The Commission said on Thursday that it was planning to implement a set of rules that will limit the amount of space large carriers can purchase in various markets next …
Shaun Nichols, 15 May 2014
Donuts

Auction of a live gTLD could pave way for domain-name shakeup

The first new top-level domain name to be sold with live websites attached to it has been picked up by registry giant Donuts at auction. The rights to sell domains under the name ".reise" – which is German for "travel" – represents a sea-change in the way the domain-name system will run in future, with generic top-level domains …
Kieren McCarthy, 07 Mar 2015
Apple signs for auction

Apple 'rainbow' logos set to fetch $10-15K at auction

A pair of logos taken from Apple's Cupertino headquarters are slated to fetch big bucks on the auction block. Auction house Bonhams is planning to offer two pieces of signage sporting the company's iconic rainbow-colored logo as part its upcoming auction series "The Story of the 20th Century." The auction is set to take place in …
Shaun Nichols, 19 May 2014
Mercury-era spacesuit

SPACE RACE auction: $130k raised for spacesuits, Apollo 11 kit

The latest space history auction in New York has raised tens of thousands of dollars selling off spacesuits, spacecraft models and Apollo 11 memorabilia. Mercury-era spacesuit Bonhams held its annual space auction yesterday in the US where a Lunokhod 2 Lunar Rover model went for $15,000, a Mercury-era spacesuit went under the …

FCC delays spectrum auction to 2015

The US Federal Communications Commission (FCC) is planning to delay the hotly anticipated auction of the former broadcast television spectrum space due to concerns that it is not yet ready to properly handle the reallocation process. The FCC on Friday said that it would push back the target date for its Broadcast Television …
Shaun Nichols, 06 Dec 2013
One of the few photos showing Neil Armstrong during the Apollo 11 moonwalk

Get your MOON GEAR: Auction to feature Space Race memorabilia

Looking to own a piece of space history? Have a spare $50,000 to spend? You may be in luck, as a US auction house is placing a series of artifacts from the US and Soviet space programs on the block. Auction house Bonhams is set to offer a collection of items ranging from the early first manned spaceflights to the last Apollo …
Shaun Nichols, 07 Apr 2014

Mystery bidder plunders the whole haul in Silk Road Bitcoin auction

The US Marshals Service says the entire hoard of Bitcoins seized from shuttered online drugs souk Silk Road have gone to a single bidder in an auction held on Friday. The 29,656.51306529 Bitcoins that prosecutors wrested from wallets belonging to Silk Road have an estimated real-world value of around $19m at today's exchange …
Neil McAllister, 02 Jul 2014
The buttons on a mobile phone glow in the dark

4G auction helped keep mobile networks competitive ... for NOW

The auctioning off of radio spectrum for the delivery of "4G" mobile broadband services did not result in the distortion of competition in the market, a spending watchdog has said. The National Audit Office (NAO) said that the 4G auction run by the UK's telecoms regulator Ofcom last year achieved one of its two main objectives …
OUT-LAW.COM, 14 Mar 2014

Spectrum auction closes shy of $AU2 billion

Australia's communications minister Senator Stephen Conroy has failed to stretch his “red undies” over the government's budget deficit: the spectrum auction, for which the results have just been announced, yielded a little under $AU2 billion. Last year, the Senator was criticised for setting an “unrealistic” floor price of $1.36 …
1960s TV series Batmobile

Holy classic car auction, Batman! They sold THE Batmobile!

The original Batmobile has been snapped up at auction for $4.2m (£2.6m, €3.2m) by a fan of the 1960s television series. 1960s TV series Batmobile The 1955 Lincoln Futura concept car was bought for just $1 in 1965 by customiser George Barris. He then spent $15,000 over 15 days turning it into the iconic vehicle for the Caped …
The Register breaking news

Bahrain 4G auction founders under deluge of legal action

The Kingdom of Bahrain should have completed its 4G auction by now, but instead the process has been kicked into touch following legal action from an excluded operator. The auction, cleverly titled "Post 3G" (PDF, slide deck with plenty of visuals), was announced last November and initally open to all, but lobbying from the …
Bill Ray, 03 Apr 2013

How much did T-Mobile US make from that failed AT&T buyout? How about $7.7bn

A failed 2011 merger with AT&T is paying off in a big way for T-Mobile US. Analysts at New Street Research (via The Wall Street Journal) estimate that a $1bn spectrum package T-Mobile US received in the wake of the ill-fated acquisition has ballooned in value to $4.7bn. The frequencies were part of a $4bn breakup package AT&T …
Shaun Nichols, 31 Mar 2015

FCC: You'll have to wait EVEN LONGER for faster wireless broadband

The FCC confirmed today that it will delay its planned wireless broadband spectrum auction until at least 2016. The US regulator blamed a court case for holding up efforts to sell TV frequencies to cell networks, which will then use the airwaves for faster and broader mobile data services. The commission hoped to auction off …
Shaun Nichols, 24 Oct 2014
the red underpants are bugging from buechertiger's Flickr feed of Bonn street art

Minister intervenes in Oz spectrum auction

Australia’s communications minister, Senator Stephen Conroy, who famously told Australian telcos they’d wear red undies on their heads if he told them to, has stepped into the auction process for new mobile spectrum. His intervention comes amid speculation that the troubled state of Vodafone would leave Telstra and Optus as the …
New Zealand Auction site Wheedle apologises for being down

Security mess sends Kiwi auction site titsup in two days

A New Zealand auction website has shut after just a day, thanks to IT professionals who noticed extraordinarily relaxed security operations. The site in question is Wheedle.co.nz, which currently says “unforeseen technical problems “have “postponed further activity on the website.” Postp0wned may be a more accurate term, as …
Simon Sharwood, 05 Oct 2012
The Register breaking news

Ofcom sets auction timetable: UK's 4G monopoly will end in June

Ofcom has drafted the legislation to open up two 4G bands next year, with bidders required to register by 11 December, the auction in January and the awards in June. The regulator published its proposals for the auction in August, but this is the proposed legislation which will make that auction happen. The final rules don't …
Bill Ray, 12 Nov 2012

Pics in SPAAAACE!: Hasselblad sells for $275,000

The first Hasselblad camera to travel into space sold last week at auction for an astronomical $275,000. View of the first Hasselblad in space The first Hasselblad in space, and now sold for a cool $275K The 500c and 80mm Zeiss lens accompanied Walter M Schirra on the Mercury MA-8 mission in October 1962. Fellow astronaut …
Lester Haines, 17 Nov 2014
The Register breaking news

UK 4G auction kicks off in total silence

The UK has opened its auction of radio frequencies suitable for high-speed 4G mobile internet services. Who exactly is bidding in which bands will remain a secret until the sale ends. The auction includes chunks of spectrum cleared by the switch-off of analogue telly and the move to digital TV, known as the 800MHz band, and the …
Bill Ray, 23 Jan 2013

Bloomberg crash embarrasment delays £3 BEELLLION debt sale

A Debt Management Office auction of short-term Treasury bills, forming part of a bid to raise £3bn, has been postponed, after Bloomberg trading terminals went TITSUP on Friday morning. Just as the weekly tender of cheap debt was being flogged by Her Majesty's lackeys, the Bloomberg terminals crashed, affecting an estimated 300, …

I see you have the gTLD that goes .ping!

The company behind Ping golf clubs and owner of ping.com has paid domain name overseer ICANN $1.5m for the rights to the top-level domain .ping. The auction pitched it against one other applicant (general registry company Radix) and also included a second internet extension, .srl, which went for $400,000. The suffix "SRL" is …
Kieren McCarthy, 26 Mar 2015
Engineers fitting antenna heads

Terrible reception for Oz spectrum auction

Australia's spectrum auction has found a terrible reception from those hoped to be most interested in access to the airwaves, with local carriers deciding not to bid. The auction to be held in April next year is for Australia’s 700MHz and 2.5GHz spectrum, will reallocate the spectrum that becomes available when broadcasters …
A microwave tower

Telstra's rivals eye point-to-point frequencies for country mobile

The Australian Communications and Media Authority (ACMA) is proposing a spectrum reallocation to give mobile carriers access to 1800 MHz spectrum in regional areas, extending the footprint of 4G networks. However, Telstra isn't entirely pleased at the prospect. Currently, it's one of the largest users of the 1800 MHz band, …
The Register breaking news

Czechs check cheques, reject £680m 4G auction

As bidding topped £680m, the Czech regulator pulled the plug on the 4G auction, saying that to continue would risk pushing cripplingly high prices onto the winner's customers as well as delaying deployments - both to the detriment of the country's citizens. The Czech Republic was hoping for a fast deployment, and the regulator …
Bill Ray, 12 Mar 2013
The Register breaking news

Sharp-elbowed BT dives into 4G spectrum auction

BT is among the bidders in the 4G auction, communications regulator Ofcom confirmed today. It's not just mobile operators that are jockeying to get their hands on the spectrum by June 2013. Managed network outfits and the nation's fixed line provider are also in the running. The auction process kicks off next month. Ofcom said …
Kelly Fiveash, 20 Dec 2012

Churchill's blood valued at £560,000. Take that Stalin!

The blood circulating in Winston Churchill's veins was worth around £560,000, on the basis of a valuation placed on a small phial of it being auctioned next month. Dukes Auctions is estimating the phial of his blood obtained by a nurse in 1962 could fetch £1,000, although a spokeswoman from the auction house said that due to the …
Kat Hall, 27 Feb 2015
Tim Cook as Mr T

Hungry Apple fanbois can now buy a lunch date with Tim Cook

Tim Cook, Apple CEO, is auctioning off an opportunity to join him for lunch at Apple Headquarters in Cupertino, along with a pair of VIP passes to an Apple keynote. The lunch is in support of the Robert F. Kennedy Center for Justice and Human Rights, and follows Cook's announcement that he will develop a "systematic approach to …
Cat 5 cable

Mystery buyer scoops working Apple 1 at auction

A working Apple 1 computer has broken records at auction, with a mystery buyer shelling out $374,500 for the system, with a handwritten memo from Steve Jobs also selling for well over the guide price. The items were auctioned off by Sotheby's and nearly doubled the expected guide price for the items. The Apple 1, one of only a …
Iain Thomson, 15 Jun 2012
Google UK office logos

Dot-word sensation: Google forks out $25m for a fist of .app-y pills

Google has spunked $25m on the rights to sell domains ending in ".app", beating off competition from 12 other bidders, including Amazon and almost every large internet registry. The new generic top-level domain (gTLD) was notable for being the most hotly contested extension amid more than 1,000 others that vary from brand names …
Kieren McCarthy, 27 Feb 2015
Apple I set for auction

Want to buy a Woz-made Apple I? If you need to ask the price, you can't afford it

A US auction house is preparing to bid off a piece of Apple Computer history that could fetch more than $500,000. Bonhams will auction off a rare Apple I system handmade by Apple co-founder Steve Wozniak when the biz was in its infancy. According to the auction house, the model was assembled by Woz in 1976 as part of an order …
Shaun Nichols, 05 Sep 2014
gTLD graphic

What's the hot domain dot-news? Er, it's .news

Domain specialist Rightside has won the fight for the generic top-level domain dot-news and will roll it out in the middle of the year. The company acquired the rights to sell all domains ending in .news through an auction and its partner domain company Donuts – beating Amazon as well as several other specialist registry …
Kieren McCarthy, 20 Feb 2015

Online tat bazaar eBay collapses in UK

Online tat bazaar eBay has collapsed in the UK, with intermittent outages affecting people around the country. Users told The Reg that the community forums, messaging facility and the "My eBay page" were crippled. According to Down Detector, the problems started at about 9am this morning. An eBay spokesman told us: "Some users …
Jasper Hamill, 10 Nov 2014
Nokia Lumia 930

Mobile broadband giants blow $45bn on Uncle Sam's finest air

Cell networks in the US have spent $44.9bn buying the rights to use a chunk of the American government's airwaves for wireless broadband networks. The FCC has just finished auctioning off the frequencies in its latest Advanced Wireless Services sale, dubbed AWS-3. It had hoped to bank just $10bn from the selloff to help line the …
Shaun Nichols, 29 Jan 2015

Telcos spaff $36bn on gobbling Uncle Sam's radio frequencies for beefier cell coverage

US watchdog the FCC has raised at least US$36bn from telcos by auctioning off a load of radio frequencies for improving wireless broadband. That's more than three times the $10.1bn it expected – remember that next time your cellphone bill goes up. While Uncle Sam banks the massive windfall, cell networks can use their newly …
Shaun Nichols, 25 Nov 2014

Indian 2G auction turmoil as telcos revolt

Allegations of discrimination against foreign mobile operators, unfairly high start prices for spectrum bidders and yet more government delays have thrown India’s 2G auctions into chaos once again over the past few days. The original 122 licenses, doled out in 2008, were cancelled in February after the Supreme Court ruled …
Phil Muncaster, 08 Aug 2012
cloud

Seagate mulls flogging precious drives at auction

CES 2012 At CES Seagate boss Steve Luczo said the company was considering running open market auctions of its disk drives to gauge spot prices and demand. Luczo was talking at an informal investor event attended by Stifel Nicolaus' Aaron Rakers, who wrote that Seagate could run the auction events itself or hire a third party to do it. …
Chris Mellor, 13 Jan 2012
Ship your enemies glitter

Bloke claims someone paid him 85,000 for a web glitter bomb factory

We are all in the wrong business, it seems. An Australian man is bragging that he just bagged $85,000 by selling a new website that claims to send out packets of glitter to people. Mathew Carpenter, 22, says he sold off ShipYourEnemiesGlitter.com to an anonymous buyer, who won it in an auction on Flippa.com. As its name would …
Shaun Nichols, 23 Jan 2015
The Register breaking news

FCC turns auction upside down for $300m rural 3G broadband

A US regulator is proposing a reverse auction to attain national broadband, providing $300m to the company that claims to be able to do the most with the cash pot. "Auction 901" won't start until September 27, but the FCC has published an interactive map showing which areas of the US are still lacking wireless coverage so …
Bill Ray, 13 Feb 2012

First space Hasselblad goes under the hammer

The first Hasselblad camera to travel into space will go under the hammer next week, over 50 years after it was carried aloft by Walter M Schirra on the Mercury MA-8 mission. View of the first Hasselblad in space The first Hasselblad in space - yours for $10k+ Camera enthusiast Schirra bought the 500c and 80mm Zeiss lens at …
Lester Haines, 06 Nov 2014
Dom Joly

Guess what's missing from Ofcom's big MoD spectrum sale ... YEP, coverage obligation

Ofcom has opened a consultation (PDF) on plans to auction Ministry of Defence spectrum next year – but the watchdog has failed to include coverage obligations in the proposals, despite controversy over mobile "notspots". Bidders are being asked to comment on proposals for the auction of spectrum in the 2.3 GHz and 3.4 GHz bands …
Kat Hall, 07 Nov 2014
Bitcoins

US marshals leak list of possible Bitcoin buyers

The U.S. Marshals Service's auction for the for 29,656.51306529 Bitcoin it seized from online recreational pharmaceuticals purveyor Silk Road has gone off the rails after the Service accidentally spilled a list of interested parties. Coindesk reports that an email sent to those asking for information about the auction listed …
Simon Sharwood, 19 Jun 2014
Aereo antenna array

Scavengers pick bones of collapsed telly-spaff upstart Aereo

Erstwhile TV streamer Aereo has held the auction to sell off its remaining assets to help cover its debts. The results: not so good. The company was able to get just US$1.54m for the sale of its trademarks, patents, domains and customer lists. A trio of companies, including DVR-maker TiVo bought the assets. According to a …
Shaun Nichols, 27 Feb 2015
The Register breaking news

EE eyes up £400m payday at spectrum auction

Everything Everywhere has started consulting on how best to auction off the 30MHz of bandwidth it's required to give up, with a view to turning it into £400m in cash some time next month. That's according to the Financial Times, who's been talking to the ever-helpful "people familiar with the plan" and heard that the Royal Bank …
Bill Ray, 11 Jan 2012
Video

US TV stations bowl sueball directly at FCC's spectrum mega-sale

US television broadcasters are suing the FCC over the regulator's planned auction of TV spectrum space to mobile phone networks. The National Association of Broadcasters (NAB) said it has objections to the framework the watchdog has laid out for an auction in which broadcasters sell off their spectrum space to carriers who will …
Shaun Nichols, 19 Aug 2014
Cell tower, view from below. Image by Shutterstock.com

Budge up, Navy boys, I've got some broadband spectrum to flog – FCC

US watchdog the FCC hopes to offer more airwaves to telcos in hope they'll be used to grow mobile broadband coverage in America. The commission announced on Friday that it wants to add 100MHz to the 50MHz of spectrum in the 3550MHz to 3700MHz band already available for commercial use. The US Department of Defense operates a few …
Shaun Nichols, 17 Apr 2015