FCC 700 MHz Auction Begins Today
Today marks the start of Auction 73, which is for five blocks of spectrum in the 700MHz band. The blocks, named A through E, all have different characteristics, each with its own reserve price, ranging from $904 million to $4.6 billion. If the reserve prices of any of the blocks aren't met, the FCC will re-auction them and possibly remove any conditions applying to the block. The largest of them, Block C, contains two 11MHz pairs for a total of 22MHz. Block C is also made up of fewer regions, so it is a highly sought after block because it will help the winner create a bigger network. The entire bidding process is completely secret. Bids will be taken every business day in three rounds. The highest bid will be revealed at the end of each round, but not the identity of the highest bidder. The auction will not end until no more bids are made. Only then will the winners be revealed. The process could take over a month to complete. This spectrum is important because it is among the last that can be used for consumer services.
AWS-3 Spectrum Auction Over, Bids Total $44.89 Billion
The FCC today said Auction 97, which covered blocks of spectrum in the AWS-3 band, is now over. It received a final bid today for the 1695-1710MHz unpaired spectrum band just a day after it closed bids for the G, H, I, and J paired spectrum blocks.
AWS-3 Auction Slows as Bids Near $42 Billion
The FCC today made another change to how participants in the AWS-3 spectrum auction place their bids. Before round 68, interested parties had to make bids on 80% of the licenses for which they were eligible.
Opening Round of AWS-3 Auction Nets $1.77B in Bids
Wireless and other companies began bidding on AWS-3 spectrum licenses today, which are being auctioned off by the FCC. The initial round of bidding totaled about $1.77 billion for 1,012 of the 1,614 available licenses.
FCC Changes AWS-3 Auction Pace As Total Surpasses $40B
The FCC today altered how it is conducting the auction for AWS-3 spectrum as fewer bids arrive for each round. Before today, the FCC offered four one-hour bidding windows per day.
Go get em Sprint