AWS-3 Auction: Round Six Pushes Bid To $3,918,996,000
Round six of the FCC's AWS-3 auction saw a flurry of activity, with 841 new bids tallying an additional $566,767,300.
So far, the bids are at $3,918,996,000 for 1,269 of 1,614 licenses up for bid.
The bidding could go on for days, weeks or even months. Bidding continues until nobody bids in a round or exercises a waiver, which means it is passing but wants the chance to bid again.
In the AWS-3 auction, 65 MHz of spectrum is up for bid, part of a congressional—and White House—mandate to free up wireless spectrum for mobile broadband.
Read more at B&C here.
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Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.