Auctions alone are now considered unsatisfactory, because they do not change the traditional structure of spectrum allocation.

ECONOMIST: Economics focus

As with other FCC proposals, there's likely to be a long interval between the auction vote, the review and any definitive rulemaking, let alone an impact -- auctions by themselves can take years to play out.

ENGADGET: FCC votes in favor of rethinking spectrum holding rules, goading broadcasters into wireless selloffs