700 MHz Spectrum Auction Bids Top $6B

A single bid for the much-sought-after C block accounted for nearly $3 billion.

Tue, January 29, 2008Computerworld After the third day of the auction, bidding reached a total of $6.1 billion for 1,099 licenses in the Federal Communications Commission auction of 700-MHz wireless spectrum.

A single bid for the much-sought-after C block accounted for nearly $3 billion of that $6.1 billion total in the eighth round, the final round of the day. The bid of $2.976 billion was for a package of eight licenses serving all 50 states.

Earlier in the day, in Round 6, a single bidder for those eight C-block licenses had lost out to several bids in a number of the geographic regions in the C block, but a single-package bid took dominance by the end of the day. It is possible that multiple C-block bidders could re-emerge, but it is unclear who is bidding, because the FCC does not disclose the names of bidders. Names of winning bidders won't be disclosed until the auction ends, perhaps in a month.

The status of the nationwide D-block bidding remains the same since the first round, when a single bid for $472 million was entered. That band of spectrum would be paired with another band for public-safety uses.

Bidding resumes Tuesday, and the public can monitor the results of each round at the FCC site.

Loading...
 
SPONSORED LINKS
 

Data Protection: Challenges for the Traveling User

Check Point Endpoint Security - Unifying Essential Components

Webcast - "Into the Wild: Managing Laptops Outside the Office"

Leading university calls on Nokia for mobile unified communications.

Unified Communications & Collaboration: Game-Changing Business Results

Explore Fixed-Mobile Convergence

Quest Authentication and IBM Tivoli Identity Management

Get IDC's take on one company's foray into storage virtualization.

Learn how wide-area data services can help deliver the benefits of virtualization

Learn how companies are changing how they reach out to their most profitable customers.

Learn how to leverage virtualization for a 74% savings in TCO.

Find out how you can affordably consolidate applications with VMware.

ESG Research on Server and Storage Virtualization

Data Center ROI with RFID Asset Tracking

Get help navigating the management challenges of virtualization.

Narrow the gap between virtualization's benefits and the management risks.

Cash in on the promise of virtualization

Determine the ROI of Web Application Acceleration Managed Services

Achieve a 50:1 Data Deduplication Ratio

Remote Infrastructure Management - What Your Peers are Thinking

5 Steps to Successful IT Consolidation

High-performance computing is no longer just for Big Business

Boost your top- and bottom- lines.

Best Intel Info for IT Pros/Intel Premier IT Professional Program: Stay up to date with roadmaps, technologies & best practices

Make Hidden Trends, Inter-Relationships and Influences Visible.

Revolutionizing Endpoint Security with a Single Agent

Fulfill Your Remote Access Strategy for Mobile Users

MAKING MOBILITY WORK: Wide-area data services enable today's global enterprise

Mobility is Growing: Survey Shows Why CIOs are Concerned

Put Enterprise Communications on Autopilot

Integrating ActiveRoles With IBM Tivoli Identity Manager 5.0

Quest Authentication Services: Simplify Identity Management

White Paper: Centralized Data Backup and Your WAN

White Paper: Accelerating the Next Phase of Virtualization

The Right and Wrong Master Data Management Strategies to Start Small and Grow Big

Find out why IDC thinks virtualization is changing operating environments.

Explore the impact virtualization can have on your bottom-line.

Save with 0% Lease Offer on HP Servers and Storage

How RFID Improves Data Center Efficiency

Find out how to manage virtualization's risks and reap the rewards.

Conquer the realities of managing virtualization

Improve Web-Enabled SAP Performance

Gartner on Data Deduplication Cost Savings

Data Protection Options Explained

Complementary BI: The New Approach to Business Intelligence

Expand High-Performance Computing (HPC) Capabilities

Power the Platform of Choice for Virtualization in the Enterprise

Learn what it takes to build a holistic digital collaboration platform

The ECM Paradox: Extending Local Flexibility to Strengthen Central Control

Customer Insight Yields Sales, Marketing Gains

 
 
RESOURCE CENTER