Saturday, February 23, 2008

700 MHz Spectrum Auction Update - Could Next Week be the Last Week?

Bidding round 102 came to a close yesterday afternoon with $19,524,595,900 (last week the auction finished at $19,450,389,100 - it is slowing) in total provisionally winning bids. Things have slowed considerably with only 40 new bids placed in round 102. For reference, on Thursday, each round averaged about 50 new bids.

Most active in the final round yesterday were E-Block licenses in the Bismark, North Dakota and Rapid City, South Dakota areas along with B-Block licenses in the southeastern United States.

The public safety D-Block still has not had a bid since the first round and will end up being re-auctioned by the FCC.

This may end up being the last week (an FCC decision but I'm thinking so). After the auction is closed the FCC will announce the winners.

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