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DirecTV, Echostar Fall Back In U.S. Government Spectrum Auction; Post Profits In Second Quarter

Submit on Monday, August 14th, 2006 11:00

A joint venture between DirecTV Group and Echostar Communications Inc. held the early lead in an auction of public wireless spectrum being conducted by the U.S. Federal Communications Commission (FCC) but fell back after eight rounds of bidding had been completed. Wireless DBS LLC was the top bidder in the…

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