Clock Stage of C-Band Auction Ends With Over $80B in Bids

 The clock stage of the C-band auction closed after 97 rounds Friday. The total gross bids nearly reached $81 billion. According to the agency, the exact dollar figure was $80,916,832,754.

Fifty-seven qualified bidders in Auction 107 were vying for 5,684 new flexible-use overlay licenses based on Partial Economic Areas in the C-band. BitPath analyst COO Sasha Javid said in a LinkedIn post the nationwide average price per MHz-POP across all categories in this auction was $0.942. This is roughly 4.3 times the $0.217 price per MHz-POP that spectrum sold for in the recent CBRS auction, he noted.

Bidders included AT&T, Cox, T-Mobile, Verizon and UScellular. Bidders that won big “besides Verizon” won’t be known until after the assignment phase, according to Javid. Continue Reading