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 FCC's AWS-3 auction, which is still going on, is now more successful than anyone ever dreamed. As of this morning, the auction has raised a total of more than $24 billion in provisionally winning bids after just six days of bidding. But beyond the big, round numbers, what other conclusions can we draw from the AWS-3 results so far?
As predicted by analysts and the satellite carrier itself, the auction established a value for Dish's wireless licenses. And that value is certainly pleasing to Dish shareholders, with the highly successful auction heading in its late rounds towards total bids of $20 billion, nearly double the $10.07 billion reserve price.
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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.
Comcast, Time Warner Cable and Charter have petitioned the U.S. Court of Appeals in D.C., offering their support for the FCC's decision to disclose details about program licensing deals for the purpose of regulatory review.
FCC Chairman Tom Wheeler has put forth a proposal to increase the e-rate program funding cap to $3.9 billion in order to drive more fiber and Wi-Fi connections, particularly in rural and less affluent areas of the United States.
Verizon Wireless, AT&T Mobility, Sprint, and T-Mobile US agreed to team with the Association of Public-Safety Communications Officials and the National Emergency Number Association to improve the indoor location accuracy of 911 calls over the next six years.