Thursday, February 25, 2021

A Total of 21 Bidders Won All Licenses in C-Band Auction

 The FCC announced the winning bidders and the final bid totals in the C-band auction. Net winning bids totaled $81,114,481,921 and gross winning bids totaled $81,168,677,645 for Auction 107. A total of 21 bidders won all of the available 5,684 licenses, said the agency late Wednesday afternoon.

“It is essential to America’s economic recovery that we deliver on the promise of next-generation wireless services for everyone, everywhere,” said FCC Acting Chairwoman Jessica Rosenworcel. “This auction reflects a shift in our nation’s approach to 5G toward mid-band spectrum that can support fast, reliable, and ubiquitous service that is competitive with our global peers.”

The five bidders with the largest total gross winning bid amounts from both the clock and assignments phases were as follows: Continue Reading

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