FCC Auction Sees $2.8 Billion In Initial Bids
The first several rounds of bids in the 700 MHz auction have totaled nearly $2.8 billion from 1,122 parties. The C block is drawing the most interest, but the current bid of $1.2 billion is far short of the $4.6 billion minimum.
AT&T, Verizon Dominate AWS-3 Auction
The FCC today published a list of companies that placed winning bids for the AWS-3 spectrum auction. The FCC auctioned off 1,600 licenses, for which 70 companies were competing.
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.
FCC Reverse Auction Drops Clearing Price to $54.6B
The FCC has wrapped up the initial phase of stage two of its incentive auction for 600 MHz airwaves, and drastically lowered the price for that spectrum. The initial clearing cost for all the 600 MHz spectrum was $86.4 billion, but bidders failed to come even close during the first round of bidding.
Second Round of FCC Incentive Auction Fizzles Out
The second round of the FCC's reverse auction ended suddenly in just a few hours due to lack of demand. Earlier this month the FCC lowered the targeted clearing cost of the spectrum licenses to $54.6 billion.
AT&T Unhappy About Dish's AWS-3 Bidding Tactics
AT&T today accused rival Dish Networks of creating artificial demand for spectrum and raising prices in the recently concluded auction for AWS-3 spectrum. Dish itself did not bid in the auction and instead had three smaller companies participate on its behalf.
i say google is probably bidding that high so far
it was me.. sorry it was so low, but i dont get paid till friday