Spectrum decision
Station bids before the FCC auction
- Situation
- A broadcaster entered the FCC spectrum incentive auction with a large station portfolio and many possible bid combinations.
- Stakes
- The company needed to weigh potential auction proceeds against the long-term value of the stations the company retained.
- Mark's role
- As the executive responsible for spectrum and new products, Mark led the analysis.
- Work
- He wrote auction software to test station bids and portfolio options before the company committed.
- Outcome
- Winning bids generated $84 million while the broadcaster kept its station portfolio intact.