FCC Shortens Rounds in AWS-3 Bidding

Auction Pushes Toward Whopping $41 Billion in Provisional Bids

The FCC is upping the number of rounds, and shortening the duration, in the AWS-3 auction as the bidding in each round has slowed.

At press time, the new total of provisional bids was $40,721,304,800 after $141,472,700 more was bid on 1,603 of 1,614 licenses up for bid.

Starting Dec. 4, rounds will be cut from four one-hour rounds to six half-hour rounds, so there will actually be only three hours’ worth of bidding per day rather than four, but in shorter bursts.

Read more at B&C here