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To: el paradisio who wrote (6482)	4/18/2000 3:56:00 PM
From: Dan Hamilton	Respond to of 11568

MCI drops out of UK spectrum bidding war By Bob Brewin 04/14/2000 MCI WorldCom dropped out of the bidding for next-generation wireless spectrum in the United Kingdom as individual bids edged over the $8 billion mark and total bids for countrywide broadband licenses topped $30.6 billion. Vodafone Airtouch PLC led the bidding with an offer of $8.1 billion, topping a $7.9 billion bid made by British Telecom. Communications analysts and users have started to express concerns about how the the battling companies expect to pay for the spectrum, with U.S.-based global users saying the pricing has already become too rich for them. On Wednesday, analysts at Gartner Group Inc. predicted that should the same frenzied bidding pattern develop in the U.S. next-generation spectrum auction slated to start in June, total winning prices could hit the $100 billion mark (see story). Earlier in the week, the Federal Communications Commission set a bid floor of $450 million for just one-fifth of the total wide-band spectrum it plans to auction.