FCC 700 MHz Auction Begins Today
Jan 24, 2008, 11:26 AM by Eric M. Zeman
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.
Jan 15, 2021
The FCC today announced that its Auction 107 for C-Band spectrum has concluded its first phase, with final bids totaling $80.9 billion, shattering the record for any FCC auction. The auction made available licenses for 280 megahertz of spectrum in the 3.7 – 3.98 GHz band in the US.
Feb 24, 2021
The FCC today announced the winners of Auction 107 for radio frequency licenses in the coveted "C-Band". Verizon spent $45.5 billion, well over half the $81.1 billion total spent in the whole auction.
Mar 11, 2021
Verizon this week told investors what it plans to do with the C-band radio spectrum it purchased for $45 billion in a recent FCC auction. The company will use it to deploy mid-band 5G, filling a crucial gap in the company's 5G network.
Mar 12, 2021
AT&T today announced its plans for the C-band radio spectrum it recently acquired in FCC Auction 107. The company will "begin deploying the first 40 MHz of this spectrum by the end of 2021".
Go get em Sprint