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4G/3G/WiFi

700 MHz Auctions

2:00 PM -- The Federal Communications Commission (FCC) will continue to stretch the 700 MHz auction into next week, apparently. The agency has just put this notice up on the auction site:

Bidders are reminded that when bidding resumes on Monday, March 10, the bidding schedule will be based on Eastern Standard Time. The current 10-round bidding schedule will be followed until further notice.

Nonetheless, the auction is expected to draw to a close soon. The latest round of bidding has seen a piddling dollar increase of $287,400 on the previous round, bringing the total of prospective bids to nearly $19.6 billion.

— Dan Jones, Site Editor, Unstrung

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