The Federal Communications Commission’s 600 MHz incentive auction entered its eighth round of bidding having scored more than $11.5 billion in total auction proceeds connected to “winning” bids, with just under $11 billion in net auction proceeds.
The final two rounds of bidding to close out last week tacked on around $1 billion in new high bids, including continued strong over-demand for some of the auction’s largest markets. The FCC is offering up various blocks of spectrum across 428 partial economic areas, with each block containing 10 megahertz of spectrum.
