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4G/3G/WiFi

700MHz Auctions, Round 7

3:45 PM -- Potentially winning bids for the 700MHz wireless broadband auctions are up 20.77 percent to $5.3 billion overall this afternoon.

The Federal Communications Commission (FCC) is doubling up the auctions today with four rounds planned so far compared to two a day last week. (See The 700 MHz Race .)

The agency says that round eight will start later this afternoon.

— Dan Jones, Site Editor, Unstrung

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