Filed under: Wireless
Hear that? Yeah, that's the fat lady -- the 700MHz auction is over today, and the FCC netted $19.6B for the 1,099 licenses it put on the block. It's still not known who placed the winning $4.75B bid for the lucrative open-access 50-state C-block (probably Verizon) but hopefully we'll find out soon. There was a ton of regional action as well: a package of licenses for spectrum in Chicago went for $892.4M, another set for Newark and NYC went for $884.7M, and LA's two set