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Auction nears $2 billion in bids

After 79 rounds, the Federal Communications Commission's 24 GHz auction has raised nearly $1.989 billion in bids. Five rounds of bidding are being held each day at this point in the auction's clock phase. Thirty-eight bidders are still vying for licenses in the clock...

Auction pushes past $1.8 billion

As the 24 GHz auction closes out another week of bidding, the total bid amount has reached $1.828 billion after 49 rounds. The Federal Communications Commission bumped up the number of bidding rounds per day from three to five yesterday, to urge the...

24 GHz auction hits $1.4 billion

The Federal Communications Commission's auction of 24 GHz spectrum has garnered more than $1.409 billion in bids after eight business days and 23 rounds. That's double the $704 million that the 28 GHz auction raised in its entirety. Three rounds of bidding are being held each...

24 GHz auction surpasses $600 million in bids

After 12 rounds, the Federal Communications Commission's 24 GHz auction has garnered nearly $605 million in bids. Unsurprisingly, the most hotly contested licenses are those covering New York City and Los Angeles, California. The top bids for New York licenses currently sit at $14.4 million,...

FCC’s 24 GHz auction raises $304 million in first day

Auction proceeds despite concerns from House members, science agencies on potential impact to weather data gathering The Federal Communications Commission's auction of millimeter wave spectrum at 24 GHz raised $284 million in its first round of bidding and ended its first day with $304 million...

FCC finalizes qualified bidders for 24 GHz auction

As the Federal Communications Commission moves quickly to open up additional millimeter wave spectrum for commercial use, it has identified 38 qualified bidders who plan to participate in the upcoming 24 GHz auction. That's two fewer qualified bidders than the previous mmWave auction for spectrum...

FCC’s 24 GHz auction to start March 14

Auction 102 will put nearly 3,000 24 GHz licenses up for grabs On the heels of the conclusion of its first millimeter wave spectrum auction that raised $702 million, the Federal Communications Commission is forging ahead with another mmWave auction: this time, at 24 GHz. Bidding...