Fox TV Plans to Sell Airwaves for Smartphones at U.S. Auction

Updated on
  • Fox CFO Nallen says company wants to get value for stations
  • Auction next year a chance to sell and buy airwaves for mobile

Rupert Murdoch’s 21st Century Fox Inc. intends to sell TV-station airwaves at a U.S. government auction next year, boosting the prospects for a sale designed to funnel choice frequencies to mobile phone providers.

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