Bidding in FCC auction of C- and D-block licenses in lower 700 MH...
Bidding in FCC auction of C- and D-block licenses in lower 700 MHz band continued at relatively subdued pace Wed., with gross bids of $64.4 million after 4 rounds. That was up 5% from $51.7 million in high bids…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
at close of business Tues., which marked start of auction. Aloha Partners kept top spot, with 26 high bids valued at $25.2 million, followed by Cavalier Group with $9.95 million and MilkyWay Broadband with $2.8 million. Largest high bid for single license was by Cavalier for N.Y.C.-Newark market at $6.9 million. Harbor Wireless had high bid of $2.8 million, followed by Paul Allen-backed Vulcan Spectrum with $2.4 million and LIN TV with $2.1 million.