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4G/3G/WiFi

700MHz, Round One

2:05 PM -- The Federal Communications Commission (FCC) has pulled in a potential total of $2.4 billion from 1,849 bids in the first round of the 700MHz auctions. The largest bid was over $1 billion for a 50-state license in the C band. The second round of bidding is due to start this afternoon at 2:30 PM ET.

Stay tuned!

— Dan Jones, Site Editor, Unstrung

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