The latest news in the continuing saga of the Advanced Wireless Spectrum auction is bids are continuing to slow. An average of only 140 bids were placed in the last few rounds, down from 240 at the auction's start. SpectrumCo (Sprint Nextel and cable partners) continued to bid high, snagging 128 more licenses while AWS Wireless (backed by NextWave Telecom) edged into the list of the top 10 highest bidders by taking home 156 licenses. T-Mobile still leads the pack with $3.9 billion in total bids, proving they're taking their network expansion initiative quite seriously. Verizon and SpectrumCo follow with net bids of $2.8 and $2.2 billion, respectively. All in all, it looks as if the auction will continue play out just as expected, which is good news for those bidders on top.
For more on the AWS auction:
- read this article at RCR Wireless News