The FCC’s 24 gigahertz band auction closed today with the completion of the assignment phase of the sale, which drew gross bids of $2.024 billion. Bidders won 2,904 of the 2,909 licenses that were offered in the auction (Auction 102), which saw its clock phase end last month (TR Daily, April 17).
“The FCC will release a public notice in a few days providing detailed auction results and notifying Auction 102 winning bidders of deadlines for payments and the filing of long-form applications, as well as other post-auction procedures needed for the prompt issuance of licenses,” the agency said in a news release. “A public notice will also soon be released announcing the detailed results of the auction of 28 GHz Upper Microwave Flexible Use Service licenses (Auction 101), which have remained non-public pending the conclusion of Auction 102.”
The 28 GHz band sale, which closed in January, drew gross bids of nearly $702.6 million (TR Daily, Jan. 24). There were successful bids on 2,965 of the 3,072 licenses offered.
“American leadership in 5G means deploying more airwaves for the next generation of wireless connectivity,” FCC Chairman Ajit Pai said today. “The successful conclusion of our nation’s first two high-band flexible, mobile-use spectrum auctions is a critical step. By making more spectrum available, we’ll ensure that American consumers reap the substantial benefits that 5G innovation will bring and we’ll extend U.S. leadership in 5G.”
On Dec. 10, the FCC plans to commence an auction (Auction 103) of spectrum in the upper 37 GHz, 39 GHz, and 47 GHz bands. It will be the largest sale in the Commission’s history, offering 3,400 megahertz of spectrum.—Paul Kirby, [email protected]
MainStory: FCC FederalNews SpectrumAllocation
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