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Wind Exits WiMax Auction

12:30 PM -- Italy's 3.5 GHz broadband wireless auction for 35 regional licenses has so far raked in a total of €72.3 million (US$106 million). Telecom Italia (TIM) and Fastweb SpA (Milan: FWB) are still among the bidders, along with 20 other active participants, but Wind Telecomunicazioni SpA dropped out of the last round last week. The next round of the auction resumes on Tuesday, February 19. (See Italian WiMax Bids and Look Who Wants Italian WiMax.)

— Michelle Donegan, European Editor, Unstrung

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