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Auction slows as it surpasses $80 billion

After 71 rounds and nearly $80.7 billion in bids raised, the C Band auction bidding is slowing, with prices settled for most of the licenses and fewer than 25 license products still under contention. Five rounds of bidding are being held each day. Ari...

55 rounds in, C Band auction clears $78 billion in bids

After 55 rounds of bidding, the Federal Communications Commission's auction of midband satellite spectrum has raised about $78.5 billion in bids. Prices are slowly settling for most of the licenses on offer, with demand equalling the supply of licenses for 305 of the license...

FCC’s auction holiday haul: Closing in on $70 billion

After 45 rounds that have raised $69.8 billion in bids from a field of 57 qualified bidders, the C Band auction is taking a break for the holidays. The auction will resume January 4. The auction's total raised has far exceeded estimates and has...

FCC nudges C Band auction into higher gear

The Federal Communications Commission is increasing the number of daily rounds in the C Band auction from four to five and cutting the round-duration to just 30 minutes each, angling to push the auction toward conclusion. After 29 rounds, the auction has now raised...

C Band auction approaches $8 billion

After 17 rounds, the C Band auction has brought in more than $7.9 billion, as the field of 57 bidders continues to compete for the 280 megahertz of midband spectrum on offer. The 3.7 GHz service auction has already significantly exceeded the amount raised by...

C Band auction nears $3.4 billion

The C Band auction has raised $3.385 billion after eight rounds of bidding.  Auction 107 (aka the 3.7 GHz service auction) shifts to four rounds of bidding today. That total puts the C Band auction on track to quickly exceed the amount raised by the...

C Band auction raises $1.7b in first round, $1.9b in first day

From a field of 57 qualified bidders, the eagerly anticipated C Band auction has raised $1.7 billion in its first round and $1.9 billion in its first day of bidding. Two rounds of bidding were held on Tuesday, each lasting two hours. Starting Wednesday,...