For the past eight weeks, the Federal Communication Commission has been auctioning off airwaves that will be empty when television stations move to digital format next year. Bidding ended Tuesday, with the FCC — and ultimately the U.S. Treasury — raking in about $20 billion.
That's almost double expectations, making this one the most profitable airwave auctions ever. The names of the bidders are still anonymous. But analysts say wireless companies like Verizon and AT&T may come out as big winners.
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