Clock Phase of 24 GHz Auction Ends With $1.99 Billion in Gross Proceeds
The clock phase of the 24 GHz auction ended Wednesday with $1.99 billion in gross proceeds and bidders claiming 2,904 of 2,909 available licenses, the FCC said. The agency stopped the auction after round 91. Winning bidders will now bid…
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for frequency-specific licenses in the assignment phase with a public notice coming soon on when that phase will start, the FCC said. The auction had a “successful conclusion,” said Scott Bergmann, CTIA senior vice president-regulatory affairs: “We look forward to the final results of this auction, as well as making progress on mid-band spectrum availability.”