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Optical/IP

700 MHz Auction, Day 2, Round 3

12:15 PM -- Its the second day and the third round of the Federal Communications Commission (FCC) 's 700 MHz wireless broadband auctions. The provisionally winning bids for the spectrum have grown to $3.2 billion according to the latest summary from the government agency.

The FCC doesn't reveal the leading bidders in the auction, to prevent collusion between the participants. Leading players in the the wireless jamboree, however, include AT&T Inc. (NYSE: T), Google (Nasdaq: GOOG), and Verizon Wireless .

— Dan Jones, Site Editor, Unstrung

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