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Bids Surpass $677 Million After 50 Bidding Rounds in 28 GHz Auction

Bids hit $677.4 million after four rounds Friday in the 28 GHz auction, the FCC’s first of high-band spectrum. It has provisionally winning bids on 2,889 of 3,072 licenses up for sale after 50 rounds. Four bidding rounds are also…

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scheduled for Monday.