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Cablevision Ally Leads TV-Spectrum Bidding

Cablevision Systems Corp.-backed DTV Norwich jumped ahead in bidding for new pay TV/broadband spectrum.

Through 34 rounds Friday, the company was the high bidder for licenses covering 49 markets, including the country’s five largest. DTV Norwich’s bids totaled $85 million. Next in total money offered was EchoStar Communications Corp.-backed LLC with $39 million for 34 markets.

Also making strong bids was MDS America with $6 million offered for 58 markets, all of which are below the top 40.