The FCC is finally set to rule on a crowded spectrum debate that has been sitting in their lap for some time, reports Infoworld. The spectrum in question is what one Verizon spokesman calls the "beachfront property of spectrum real estate [1.9GHz]." Problems arose when Nextel's 800Mhz to 900MHz network began bumping into public safety transmissions. A rebanding of the 800Mhz spectrum was proposed three years ago by Nextel, including giving the company some spectrum in the 1.9GHz space. If the FCC finally approves that plan this week, companies like Verizon say it could be a "freebie" worth in excess of nine billion dollars. To help sway the FCC away from the plan, Verizon Wireless has announced that if the 1.9GHz spectrum were to be auctioned, their starting bid would be five billion dollars. The CTIA is also against the giveaway, recommending public auction for the spectrum.