FCC sees light at the end of the tunnel in airwaves auction

The FCC says it will be able to transfer wireless spectrum from television broadcasters to wireless carriers in a first-of-its-kind auction that started last spring.

One the one hand: This is a victory for supporters of an untested model where the FCC buys spectrum from broadcasters and sells it to wireless providers trying to meet demand from smartphone users.

On the other: The auction will ultimately transfer 70 MHz of licensed spectrum, below the initial target set by the FCC.

What's next: Wednesday's announcement means the auction will conclude successfully. But wireless carriers can continue to bid until there is no more demand. Then comes a lengthy process to implement the auction's results.

What's next

⚖️ Live updates: Democrats' second day of opening arguments

"He could release the aid or break the law. He chose to break the law," House impeachment manager Rep. Zoe Lofgren (D-Calif.) said at day 3 of Trump's Senate impeachment trial.

The big picture: Democrats have roughly 8 hours remaining over the next two days to lay out their case against Trump's alleged abuse of power and obstruction of Congress.

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Putin foe Bill Browder was warned of potential danger in Davos

Photo: Julia Reinhart/Getty Images

No story caused a bigger stir in Davos this week than the news that two suspected Russian spies had been caught in August posing as plumbers in the Alpine town.

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Chinese cities cancel Lunar New Year events amid Wuhan coronavirus outbreak

People in Guangzhou, China, wearing masks on public transportation. Photo: Stringer/Anadolu Agency via Getty Images

25 people have died from an outbreak of a new coronavirus strain that originated in Wuhan, China, including the first outside the immediate area, provincial authorities said Thursday.

The latest: Major cities in China, including Beijing, have canceled large public gatherings for the Lunar New Year holiday, the most important in the country, to help contain the outbreak, according to the Washington Post.

Go deeperArrowJan 20, 2020 - World