Total bids in the FCC’s advanced wireless services auction hit $1...
Total bids in the FCC’s advanced wireless services auction hit $12.88 billion in round 40 late Wed. While bidders continued to compete for smaller licenses, action overall remained slow. Overall bids increased by $68,282,000 (0.54%) in round 39 and…
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$68,462,000 (0.53%) in round 40. Cricket entered a high bid of $302.5 million late Wed, for a license in N.Y. and Long Island - the play of the day. T- Mobile remained in the hunt, making provisionally winning bids in such markets as Tampa-St. Petersburg and Seattle- Tacoma. AWS Wireless added nearly 30 licenses in round 39 alone. Also making a strong showing for the day were Red Rock Spectrum, SpectrumCo and Cingular, which was active in round 40.