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Spectrum

Mid-Band's No Turkey! FCC Auction Tops $38B

The FCC's mid-band spectrum auction has just topped $38 billion this Wednesday afternoon as the agency lays down its gavel for the Thanksgiving holiday in the US.

The Federal Communications Commission (FCC) 's Auction 97 for Advanced Wireless Services-3 (AWS-3) spectrum halted at just under $38.2 billion at 1 p.m. Eastern Time on Wednesday, blasting through the initial predictions. (See FCC's AWS-3 Auction Tops $14B.)

The AWS-3 auction includes 65MHz of spectrum in the 1.7GHz and 2.1GHz bands, including 50MHz of paired channels for LTE uplink and downlink. Both the paired and unpaired spectrum have now gone past FCC reserves. (See this FCC page for more details on the spectrum that is up for grabs.)

The auction has 70 qualified bidders. Big spenders are likely to include AT&T Inc. (NYSE: T), Dish Network LLC (Nasdaq: DISH), T-Mobile US Inc. and Verizon Communications Inc. (NYSE: VZ). These major operators could end up paying way more than originally expected for this bandwidth. (See $35B+ Spectrum Auction Dings Verizon, Shines Dish.)

And it isn't over yet. The FCC says it will resume the auction process on December 1. There are currently 19 licenses that don't have initial preferred winning bids (PWBs) attached to them.

— Dan Jones, Mobile Editor, Light Reading

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MikeP688 12/5/2014 | 2:33:55 AM
Re: Is it a true Thanksgiving Gift for the US Treasury? It is a challenge that must be part and parcel of our on-going effort to understand as we're witness to the evolution.   
thebulk 12/4/2014 | 3:50:44 AM
Re: Is it a true Thanksgiving Gift for the US Treasury? Well he is not the first to suggest that, it has been a working theory for some time. Though to my knowledge never taken up by someone with such authorty as Dr. Hawking...
MikeP688 12/3/2014 | 3:06:16 AM
Re: New Investment? You would hope that the maximum value could be mustered for this--but one can't help but truly wonder in this regard. 
MikeP688 12/3/2014 | 3:05:18 AM
Re: Is it a true Thanksgiving Gift for the US Treasury? I would argue that it is up to us to challenge this notion by making things a lot simpler becuase it is the sense of simplicity that would drive progress.  But, when I see this on a broader scale it presents newer challenges:   

http://www.bbc.com/news/technology-30290540
DanJones 12/1/2014 | 11:27:21 AM
Re: New Investment? Up at $38.5B now.
Phil_Britt 11/30/2014 | 4:58:44 PM
New Investment? The way financial markets get creative with ETFs, futures, options, derivatives, cryptocurrencies, etc., I'm wondering how long before there will be some kind of financial instrument reflecting the value of spectrum.
thebulk 11/30/2014 | 12:45:33 PM
Re: Is it a true Thanksgiving Gift for the US Treasury? The thing with that is tech doesnt just give the tools to a select few it gives them to everyone so it makes the job you are talking about that much more difficult. wouldnt you say? 
MikeP688 11/30/2014 | 12:18:57 PM
Re: Is it a true Thanksgiving Gift for the US Treasury? It starts with each and everyone of us in how we engage and insure that those who are supposed to serve and protect in fact do.  That's the ultimate challenge--and what I am thankful for is how the evolution of technology has given us the tools to do so. 
thebulk 11/30/2014 | 12:03:22 PM
Re: Is it a true Thanksgiving Gift for the US Treasury? In all fairnes though spectrum is a valuable resource and we have a limited amount, I think the prices are in the right ball park, they could even be higher. 
Kruz 11/29/2014 | 10:42:53 AM
Re: Is it a true Thanksgiving Gift for the US Treasury? The figures are at least a good increase from 2008's auction that resulted in 19.6 billions.
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