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FCC Raises $13.9 Billion in AWS Spectrum Auction

The FCC concluded its auction of Advanced Wireless Service (AWS) spectrum licenses, raising total gross bids of nearly $13.9 billion. The top bidders were:

More than half of the winning bidders in the auction certified their qualifications as small business entities, enabling them to use bidding credits. All winning bidders must make down payments on their licenses within ten business days.

In a statement, FCC Chairman Kevin Martin said “The first Advanced Wireless Services auction, which closed today, is the biggest, most successful wireless auction in the Commission’s history. The spectrum offered was the largest amount of spectrum suitable for deploying wireless broadband ever made available in a single auction… Auction winners are expected to use this prime “spectrum real estate” to roll out new devices, which will allow consumers to access the Internet and dedicated video services wherever they want, whenever they want.”http://www.fcc.gov

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