Wireless Industry News » All Bidding Ends in Incentive Auction With Proceeds Just Under $20B
The FCC’s incentive auction closed as expected on Thursday. The wireless industry is eager to take hold of the spectrum given up by television owners.
Forward auction proceeds were just under $19.8 billion (exactly $19,768,437,378), according to the agency; wireless entities bid on specific blocks of spectrum in this phase which began March 6, Inside Towers reported.In the initial reverse auction, the bidding proceeds were a little over $10 billion. Read More