700 MHz Auction Update: At the end of Round 5, bids total $2.6 billion for the C-block


Despite the beach front nature of the 700 MHz spectrum, the Auction is going at a measured pace. In the recently concluded Round 5, a new bid emerged for 22 MHz in the C-block. The nationwide package (50 states) came in at $2.15 billion, and with other C-block licenses, the total for all C-block licenses is now up to $2.6 billion, still below the $4.6 billion minimum reserved by FCC for the C-block. Also read: 8 Things to know about the 700 MHz auction.

Comments are closed.