700 MHz Auction limps along

After 83 rounds, the 700 MHz auction is limping along with a just a handful of small bid increases on minor pieces of spectrum. The last few rounds have seen increases of $3 million to $5 million in new bids or about 0.03 percent change in the total amount raised by the FCC. 

It appears the C-Block portion is over as the bidding has stopped at $4.7 billion. The D Block, the spectrum reserved for a private/public partnership for public safety, doesn't have any qualified bids. So far, the auction has a total of $19.5 billion in bids.

Now everyone is sitting on the edge of their seats wondering who walked away with most of the C Block spectrum. And the FCC is wondering what went wrong in the D-Block auction.

For more about the auction:
- read this article from TelecomWeb
-
check out our 700 MHz coverage