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Home - Bidding starts in 700 MHz C-, D-blocks auction, Aloha is current high bidder
Archived ArticlesCarriers

Bidding starts in 700 MHz C-, D-blocks auction, Aloha is current high bidder

by Reily Gregson August 28, 2002
written by Reily Gregson August 28, 2002 Share
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WASHINGTON-Aloha Partners LP has made the highest bids in the first two rounds of the 700 MHz C- and D-blocks auction, which began on Tuesday.

Aloha Partners bid nearly $5 million for the Pacific economic area group license and more than $3 million for the Los-Angeles-Anaheim, Calif., consolidated (statistical) market area license. DataCom Wireless L.L.C. bid almost $3 million for the New York-Newark, N.J., CMA license.

At the end of round two, gross bids totaled nearly $52 million with all bidders still active. Aloha has made 24 high bids totaling more than $11 million. MilkyWay Broadband L.L.C. made the most high bids, 43, totaling more than $2 million.

Congress earlier this year passed a bill prohibiting the Federal Communications Commission from auctioning the majority of the 700 MHz band licenses, but allowing licenses designed for rural carriers to go forward.

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