Bidding ended in the “clock phase” of the forward auction on Friday. This means the broadcast incentive auction now proceeds to the assignment phase, in which winning forward auction wireless bidders can bid for specific frequency blocks.
The auction proceeds as of the end of the clock phase were $19,632,506,746,
according to the FCC. Companies bid on 70 MHz of broadcast spectrum
that will be re-purposed for wireless use. The clearing target was 84
MHz, which includes guard bands.
The auction began under former Chairman Tom Wheeler and will end under new Chairman Ajit Pai, who called the event a milestone. “The
participation of these broadcasters and wireless carriers will enable
the Commission to release 84 megahertz of spectrum into the broadband
marketplace,” said Pai. “These low-band airwaves will improve wireless
coverage across the country and will play a particularly important role
in deploying mobile broadband services in rural areas.” Continue Reading