On Wed, 09 Jan 2008 01:24:21 +0000, Larry <noone@home.com> wrote in
<Xns9A1FD0109695Dnoonehomecom@208.49.80.253>:

>John Navas <spamfilter1@navasgroup.com> wrote in
>news:np48o35ke3p14ritsq3jv4pbha4uo8p17f@4ax.com :
>
>> bidders were required to fork over an
>> "upfront payment" prior to the actual auction, and you have to wonder
>> if Frontline was able to pay up.

>This was setup by the big boys to keep the little guys from bidding....same
>as Broadcasting. Big corporations with BIG, DEEP pockets full of money for
>political hacks to be paid from is all Washington is about.

Not so:
* Auctioning spectrum ensures the most efficient use of that spectrum.
* Up front cash is just prudent auction practice, to avoid disruption of
the auction process by those that can't really afford to bid.

--
Best regards, FAQ FOR CINGULAR WIRELESS:
John Navas <http://en.wikibooks.org/wiki/Cingular_Wireless_FAQ>