Round 24: AWS-3 Tops $31 Billion

Like Energizer Bunny, Auction Just Keeps on Going

Bidding had slacked off slightly in round 24 of the FCC's AWS-3 auction of 65 MHz of spectrum for wireless broadband—AT&T and Veizon are the largest bidders for the spectrum—but the bidding total increased by more than a billion to $31,023,844,700 on 549 bids.

One of the licenses for New York—there are five licenses up for bid in the market—continued to hold the top spot at a bid of $1.8 billion.

Read more at B&C here.