Matsui: FCC's AWS-3 Auction Has Secured FirstNet Funding

Looks for Billions More From Gangbuster Wireless Auction
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Rep. Doris Matsui (D-Calif.) Thursday applauded the runaway success of the FCC's AWS-3 spectrum auction, particularly given that it has raised enough to pay for the FirstNet interoperable broadband first responder network that was one of the recommendations of the 9/11 Commission.

"Six days into the spectrum auction of the AWS-3 band paired with the 1755-1780MHz band and it has already achieved remarkable success," said Matsui in a statement.

After 21 rounds, the auction has raised $27,278,835,400 with 1,437 new bids in the latest round, almost double some pre-auction estimates and almost triple the FCC's reserve price.

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