After 132 rounds of bidding in the FCC's 700 MHz auction, the commission has raised $19.6 billion. During the last round held Friday morning, 25 new bids brought in an additional $644,000, a negligible amount that signals the end of the auction is drawing ever closer. Some of the bids during the last round were for E Block slices in Maryland, Delaware, Louisiana, Virginia, Georgia and A Block slices in Georgia, Kentucky, North Dakota and South Carolina. So far, the FCC has auctioned off 1,089 licenses with winning bids on them.
For more on the auction:
- see our complete auction coverage here [1]
Related articles:
Senator blasts auction Editorial [2]
Same faces will win 700 MHz spectrum Editorial [3]
Links:
[1] http://www.fiercewireless.com/700-mhz-wireless-spectrum-auction
[2] http://www.fiercebroadbandwireless.com/story/senator-blasts-700-mhz-auction/2008-02-28
[3] http://www.fiercebroadbandwireless.com/story/same-faces-will-win-700-mhz-spectrum/2007-12-03