Bidding Up As AWS-3 Auction Resumes

Provisional Bid Total Nears $38.5 Billion

The FCC's AWS-3 spectrum auction resumed Monday with 292 new bids (up from 127 in round 37 Nov. 26), the last round before the Thanksgiving break.

The dollar total for the new bids was $267,669,400, making the total provisional bid dollar amount for the auction $38,464,186,700, more than double some pre-auction estimates and almost quadrupling the total reserve price of $10.587 billion.

Up for auction is 65 MHz of advanced wireless spectrum (the AWS in the title), with bidders including Verizon, AT&T and T-Mobile—Sprint sat the auction out.

Read more at B&Chere.