28 GHz Auction Cracks $700M

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The FCC’s 28 GHz auction resumed yesterday, following the Martin Luther King Jr. holiday on Monday. As of round 158, eligible entities bid a total of $701,672,740 for 2,962 licenses. 110 licenses received no bids.

Most of the FCC remains shut down, but those working on the auction are paid out of auction proceeds rather than appropriations, according to the Commission. The 28 GHz auction, which began on November 14, will end when no new bids are placed.

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January 23, 2019

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