700 MHz Auction Over- Raises $19.59 Billion

FCClogo.jpgAfter $19.59 billion in provisionally winning bids and 261 rounds of bidding, the 700 MHz auction is over. Four out of the five spectrum blocks achieved their reserve prices. The auction raised more more money than any FCC spectrum auction before it.

The FCC will announce the winning bidders in the next few weeks.

Leave a comment

Categories

Close