28 GHz Auction Tops $695 Million, Moves to Stage 3 Monday
Bid commitments in the 28 GHz band auction reached $695 million Friday, up from $694.1 million Thursday, with provisionally winning bids on 2,934 of 3,072 licenses, FCC results show. There were just two small new bids in Friday's final round.…
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The FCC plans to transition to stage 3 Monday, requiring a bidder to "be active on 100% of its current bidding eligibility in each round."