AWS Auctions, $10 Billion & Counting

The AWS spectrum auction bids are still climbing. The auction, so far has brought in over $10 billion in total bids. At Round 22, and day seven, the bidding has reached a total of $10.75 billion, with the traditional wireless carriers dominating the board — T-Mobile, with $3.21 billion, Verizon Wireless, with $2.80 billion, and Cingular, with $685.75 million.

The news that the satellite consortium Wireless DBS had fallen out of the ranks was making headlines yesterday, which our intrepid readers pointed out on Tuesday, (Thanks Jesse and DG!). But the much-talked about cable group SpectrumCo is also still in the race with $1.42 billion in bids, ranking third for highest net bids, and temporarily winning 71 bids so far, and is one of the remaining media players that seems to still be moving aggressively. The company bid $468.18 million for some New York area spectrum, $166.80 million and $81.91 million for two pieces over LA/Orange County/Riverside, and $60.21 million for a Bay Area license.

Will the spectrum auction reach past the top prediction of $15 billion from analysts? It looks like it might get there by early next week, if the bids keep on coming.

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