FCC 700 MHz Auction Well Underway

GigaOm reports that the tenth round of bidding in the FCC’s auction for the 700 MHz wireless spectrum is over (with weeks of bidding to go), and it ended with a new bid for part of the coveted C-block of spectrum. For the nationwide package in the 22 MHz section, a new bid came through for $3.4 billion, most of the way to $4.6 billion minimum that will trigger the requirement for open access on the band. There’s plenty of time, so if Google wins or no, at least we’ll get our open spectrum.
Read GigaOm’s quick guide to the auction.

See original post by Nathan Weinberg