The FCC's AWS-3 (advanced wireless services) auction is underway. With the first round completed, the opening bids (1,679 of them for 1,012 licenses) totaled $1,767,350,800.
In the AWS-3 auction, 65 MHz of spectrum is up for bid, part of a congressional—and White House—mandate to free up wireless spectrum for mobile broadband.
It will be the largest amount of spectrum auctioned since the FCC's 2008 700 MHz auction.
Read more at B&C here.