KG4JYD
03-21-2008, 03:01 AM
"Having received bids totaling $19.5 billion over 260 rounds of bidding, the FCC has announced the closing of Auction 73 (http://hraunfoss.fcc.gov/edocs_public/attachmatch/DOC-280887A1.pdf). The Chairman's statement notes that the auction has "raised more money than any [FCC] auction has ever raised" besting the 2006 Advanced Wireless Service-1 auction that raised $13.9 billion and topping the $10.6 billion Congress estimated it would receive for the 700 MHz spectrum. The New York Times reports (http://bits.blogs.nytimes.com/2008/03/18/going-oncegoing-twicethe-700-mhz-spectrum-is-sold/?ref=technology) that "the last bid in the auction was $91,000 for frequencies around Vieques, Pureto Rico." According to the FCC, "eight unsold licenses [...] remain held by the FCC and will again be made available [...] in a future auction." This includes the "D block" which was to be shared by commercial and public safety users and only received a single $472 million bid, below the $1.3 billion reserve price. However, as previously reported, (http://hardware.slashdot.org/article.pl?sid=07/08/21/1630228&tid=217) the open access provisions will apply to one-third of the auctioned spectrum as the minimum $4.6 billion bid for the "C" block was received. The names of the winning bidders have not yet been made public."