FCC Says AWS-3 Bidding Reaches $12 Billion

[cdmagurus.com]

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.


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