700 MHz Auction staggers closer to $20 billion

After 132 rounds of bidding in the FCC's 700 MHz auction, the commission has raised $19.6 billion. During the last round held Friday morning, 25 new bids brought in an additional $644,000, a negligible amount that signals the end of the auction is drawing ever closer. Some of the bids during the last round were for E Block slices in Maryland, Delaware, Louisiana, Virginia, Georgia and A Block slices in Georgia, Kentucky, North Dakota and South Carolina. So far, the FCC has auctioned off 1,089 licenses with winning bids on them.

For more on the auction:
- see our complete auction coverage here

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