700 MHz Auction: Day 3, the status quo remains
The FCC upped the intensity of the auction today, hosting four rounds of bidding today instead of the two daily rounds of last week. Despite the doubling of activity of Day 3, nothing too startling occurred. Except for a slight hiccup in C-block bidding in round 6, the auction is essentially in the same state as we left it at the end of week one: bidding ramped up leisurely on the C-block open-access license, the D-block public-safety license was untouched and the really nasty fighting occurred over regional and market licenses in New York, Southern California and Chicago. In total, the auction has no generated $6.1 billion in high bids. more






