2.5 GHz Auction Nears $400M Mark
The FCC’s 2.5 GHz auction is gaining some momentum and closed out the week at$377 million, three weeks after the auction started and 47 rounds in. Based on increased activity in some large counties “it looks like we will be…
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crossing the $400 million threshold sometime on Monday,” predicted Sasha Javid, BitPath chief operating officer. Javid had earlier warned the auction could struggle to hit $300 million (see 2208080061).