700 MHz Auction: C-block bidding slows again
The further hiccups in C-block bidding we predicted yesterday turned out to be right on the button. The competitors for the nationwide open-access license didn’t submit bids in today’s opening round, leaving the license at its $2.98 billion provisional amount at the end of round 9. The lack of activity not only slows down the license’s advance to the $4.6 billion reserve price, which would unlock Google’s coveted open-access provision, but it also serves to lower the minimum bid for the next round from $3.42 billion to $3.38 billion. more






