The FCC's AWS-3 spectrum auction surged into uncharted territory on Friday, with total provisional winning bids topping $31 billion, $12 billion more than the 700 MHz auction attracted in 2008.
The FCC will vote on Dec. 11 on a detailed set of proposed rules for how the incentive auction of 600 MHz broadcast TV spectrum will be conducted. If the FCC approves the proposals, the rules will not become final and will instead be opened up for public comment.
Bids in the FCC's AWS-3 spectrum auction keep climbing: After 20 rounds the auction has raised a total of $25.77 billion in provisionally winning bids.
The AWS-3 spectrum auction has surpassed $16.4 billion in provisional winning bids through 15 rounds, guaranteeing that the most valuable chuck of spectrum being auctioned will meet the reserve price the FCC has set.
The FCC's AWS-3 spectrum auction has yielded a little more than $4.7 billion in bids through its first seven rounds over the opening two days of the auction. However, the bidding so far has been concentrated around a few blocks of spectrum.
The AWS-3 spectrum auction, the FCC's first major auction since 2008, kicked off with a bang. The first round of bidding drew provisional winning bids on 1,012 licenses. That totals around $1.767 billion in bids, or around 16.7 percent of the total $10.587 billion reserve price the FCC has set for the auction. A total of 1,614 licenses are up for grabs across 65 MHz of spectrum, including 15 MHz of unpaired uplink spectrum in the 1695-1710 MHz band.
FCC officials are going to conduct more than a dozen field visits from January to mid-April next year with broadcasters to give them more information about the 600 MHz broadcast TV spectrum incentive auction. The outreach effort will cover around 50 television markets, and not just the largest ones.
After years of buildup and preparation, on Nov. 13 the FCC will formally kick off Auction 97, better known as the AWS-3 auction. It will be the largest and most consequential auction of airwaves since the 700 MHz auction in 2008. 65 MHz of spectrum is going to he be auctioned. Who is going to bid? Who is going to win? And how much money are they going to spend? FierceWireless has compiled a handy primer to consult as the auction gets underway.
STOCKHOLM--Ericsson's top executives painted a picture of the world in 2020 in which there will be 9 billion people on the planet, 9.1 billion mobile subscriptions and video traffic will dominate, accounting for at least 50 percent of all traffic on the network.
A total of 70 companies have qualified to bid in the FCC's upcoming AWS-3 spectrum auction, which starts Nov. 13 and will be the country's largest spectrum auction since 2008.