AWS-3 Auction Meets Second Reserve Price

Auction Closes in on $30 Billion, Not Closed Yet

The AWS-3 spectrum auction finished its sixth day just south of $30 billion in bids, and on the news that the second of two reserve prices had been met: the $580 million reserve for 15 MHz of unpaired spectrum.

At the end of round 23, the auction had drawn $29,896,522,500 in bids on $1,159,827,900 on 882 new bids. That bid total was down from earlier rounds where the numbers were in the four-figures.

Read more at B&C here.