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FCC Says AWS-3 Bidding Reaches $12 Billion

Nov 18, 2014, 1:29 PM by Eric M. Zeman

FCC Commissioner Jessica Rosenworcel today said the government has received bids totaling $12 billion for AWS-3 spectrum licenses. The auction kicked off November 13 with a reserve price of $10.6 billion. Today's revelation means the government has already exceeded its minimum for the auction. At stake are more than 1,600 licenses around the country covering 65MHz of AWS-3 spectrum. The FCC didn't say how long it expects the bidding to continue. AT&T, T-Mobile, and Verizon Wireless are among 70 entities approved to participate in the auction.

FCC / Twitter »

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B-Sides

Nov 18, 2014, 8:18 PM

Thats a LOT of $$$

I'm sure it'll ALL go to good use!

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