The take in the FCC’s third auction of Upper Microwave Flexible Use Service (UMFUS) licenses is topping $3 billion. After 19 rounds of bidding on Wednesday, gross proceeds were more than $3.6 billion. Round 21 bidding is slated to begin at 10 a.m. today.
Auction 103 is the agency’s third auction of UMFUS licenses. A total of
3,400 megahertz of spectrum, the most spectrum ever offered in an
auction, is being offered in the Upper 37 GHz, 39 GHz, and 47 GHz bands.
These bands will be licensed as 100-megahertz blocks covering Partial