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WIRELESS PHONE SERVICE COMPETITION GETS UNDERWAY – FCC PRESS RELEASE. July 12, 1995 Read complete release in PDF. (157 KB)  Washington, DC – Today, FCC Chairman Reed Hundt personally awarded licenses to compete in the wireless phone service market.  The FCC’s broadband PCS auction offered 99 licenses and netted $7.7 billion of the US government, securing a place in the Guinness Book of World Records as the largest auction in world history.

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