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700mHz auction nearing close?

Last post 03-20-2008 10:40 PM by ksmiley. 2 replies.
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  • 02-28-2008 12:51 AM

    700mHz auction nearing close?

     I have been following the 700nHz auction at http://wireless.fcc.gov/auctions/default.htm?job=auction_summary&id=73 for a while now, and I am getting anxious.  Block C, the 50 state package, met its reserve price of $4,637,854,000 in round 17 with a bid of $4,713,823,000.  Round 124 opens tomorrow and Block C has not had a bid since round 17.  The rules are very complex, but, as I understand it, there is no way another company could submit a bid on the 50 state package.  Rules do not permit any company to comment on their bidding until the close of the auction, which seems to be drawing near.  In round 123, new bids were only placed on 26 of the 1102 packages.  I am anxious to know who the winner of Block C is, and what they intend to do with their licenses. 

     

     

  • 03-20-2008 10:17 PM In reply to

    Re: 700mHz auction nearing close?

    It is over.  Google won the 50 state package.  What do you think they will do with it?  I think they might use it for ad supported phone service.  anyone else have ideas?

     EDIT:

    Yahoo is reporting Verizon won, but, if you view the results, Google is the provisional winner.  Verizon did however win most of the individual auctions covered in the package. 

  • 03-20-2008 10:40 PM In reply to

    Re: 700mHz auction nearing close?

    I am finding multiple stories about "Cellco Partnership d/b/a Verizon Wireless" winning the C block, but according to the website above Google was the only bidder on the package.  Am I not seeing something?

     

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