Articles about Auction

Sweden axes 700MHz spectrum sale over 'national security' fears

In a surprise announcement, the Swedish government has scrapped its plans to auction off 700MHz spectrum citing security concerns. The auction was due to begin on December 1 but acting director of the country's telecoms agency, Post & Telestyrelsen (PTS), Catarina Wretman announced she had decided to cancel it a month before …
An upset woman with an empty wallet

US spectrum auction falls short by, oh, you know, $66bn thanks to tightwad mobile giants

The US Federal Communications Commission (FCC) will have to change its plans for the 600MHz radio spectrum auction for mobile broadband – after the latest stage of bidding raised just $22.4bn of an $88bn goal. "Bidding in the forward auction has concluded for Stage 1 without meeting the final stage rule and without meeting the …
Shaun Nichols, 31 Aug 2016
Auctioneer with hammer

FCC airwaves auction opens bidding

The US Federal Communications Commission (FCC) has formally opened the bidding process on a spectrum auction that looks to raise billions in revenues and expand the coverage and quality of wireless broadband networks. The Commission on Tuesday kicked off the "clock phase" portion of the auction, in which telco providers submit …
Shaun Nichols, 16 Aug 2016

Shadow Broker hacking group auctions off claimed NSA online spy tools

A group calling itself the Shadow Brokers has started an online auction for top-of-the-range tools it claims were stolen from the Equation Group, a digital attack squad linked to the NSA. The Shadow Brokers posted up news of the auction saying (in broken English) that they had been monitoring the Equation Group's servers, had …
Iain Thomson, 15 Aug 2016

One entire US spook base: Yours for $1m+

Those readers with a few bucks to spare and who fancy owning an entire US base with a decidedly spooky history should proceed directly here for the opportunity to bid on Sugar Grove Station in West Virginia. The facility once served nearby antennas forming part of ECHELON, and although the eavesdropping kit isn't included in …
Lester Haines, 9 Jun 2016
Illustration of a "bitcoin" dissolving into numbers. Photo by SHutterstock

Bitcoin to be hammered – in an auction, that is

Australia is getting ready to sell off a bunch of Bitcoin seized by police under proceeds of crime laws, in an international auction. Ernst & Young will put more than 24,000 Bitcoin under the hammer, so to speak, at a most-current valuation of around US$11.5 million (more than AU$16 million). The auction is slated for June 20 …
shutterstock_gold

FCC under fire over TV, mobile broadband signal interference fears

Staff at the FCC, America's communications watchdog, have been accused of not doing enough to prevent TV broadcasts from interfering with mobile broadband signals. This comes as television stations in the US prepare to auction off some of their radio frequencies, which can then be used by cellphone networks to extend their …
Shaun Nichols, 27 Oct 2015

FCC: No, Dish, you're not a 'small business' so forget the $3bn price cut

The US Federal Communications Commission (FCC) has issued an order preventing satellite TV giant Dish from purchasing broadcast spectrum rights under the guise of a small business. The FCC ruled that the company cannot operate two small subsidiaries and receive discounts reserved for small businesses, while bidding for …
Shaun Nichols, 19 Aug 2015

Monster Scalextric Formula 1 circuit to go under the hammer

A rather impressive Scalextric track designed by F1 commentator and former driver Martin Brundle, featuring "the best corners, chicanes and sections" from 2015 Formula 1 circuits will go under the hammer later this month in aid of the BBC's Children in Need. Suffice it to say, the winning bidder will need an extremely large …
Lester Haines, 13 Aug 2015
Indian mobile use

Indian mobe networks don’t want 700MHz – because they're too poor

While most telcos are baying for more radio spectrum to stuff with mobile internet broadband, the Indian operators are asking their government to hold off. They want the hold not just on the high-frequency 2.6GHz and 3.4GHz spectrum that will be useful for cities, but for the extra-valuable 700MHz spectrum that would give the …
Simon Rockman, 28 Jul 2015

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 …
Cell tower, view from below. Image by Shutterstock.com

Ofcom's to-do list: Number porting, sell spectrum, buy milk

Ofcom has set out its objectives for 2015/16, and they're broadly as outlined in the draft report. There is increased interest in consumer number portability to improve the switching providers process, clearer pricing on the previously announced spectrum auctions, as well as the hotly anticipated Strategic Review of Digital …
Simon Rockman, 30 Mar 2015

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 …
Kat Hall, 27 Feb 2015
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

Beware of merging, telcos. CHEAPER SPECTRUM follows

Worstall on Wednesday What consumers end up paying for mobile phone services isn't the only price we're worried about. Oh aye, thought I, as I scanned El Reg's coverage of mobile operators asking for permission to merge. I can see their game here: or, perhaps, I suspect what they'd rather we didn't think about. That being that what we, as …
Tim Worstall, 17 Dec 2014

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

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 …
Jasper Hamill, 10 Nov 2014
hands waving dollar bills in the air

Would you blow $5.6m to own a dot-word? Meet a bloke who did just that

A further $13m was spent yesterday on auctions for the ownership rights to three new soul-sapping dot-word domains: .spot, .salon and .realty. Amazon outbid Google and gTLD powerhouse Donuts to pay $2.2m for the rights to sell dot-spot addresses; Donuts beat L'Oreal and two others for dot-salon at $5.1m; and top of the heap, …
Kieren McCarthy, 24 Oct 2014

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