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Reverse Auction Goes to Round 53, Will End Thursday

Stage two of the reverse auction was expected to end Wednesday on Round 52 but instead is continuing to Round 53, which will be the final round, the FCC said on its public reporting system Wednesday evening. Industry analysts and…

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officials told us Wednesday they are expecting a clearing cost in the $60 billion range. They expect the auction to reach its final stage once the clearing target drops to 84 MHz. The clearing target is currently 114 MHz in Stage 2, and in Stage 3 will fall to 108 MHz. The first round saw a similar delay.