700 MHz Auction Update, End of Round 10
The Auctions continue at a slow pace, and at the end of the round 10, there was one new bid for the nationwide package in the 22 MHz in the C-block. This bid came in at $3.4 billion. Several new bids for the individual licenses in the C-block also materialized.
[...] 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. [...]