FCC 28 GHz Spectrum Auction Turns 100 (Rounds)
January 8, 2019
The FCC Monday moved to goose the 28 GHz spectrum auction, moving to six, half-hour rounds pre day from the four, hour-long rounds that had been the case since Nov. 20 (the auction launched Nov. 14 with three rounds per day of an hour each).
The FCC traditionally shortens and adds rounds as auction bidding winds down.
The new money bid per round on the Upper Microwave Flexible Use Service licenses increased from only $6,200 in Monday's first round (97) to $9,100 in round 98, $22,290 in round 99, and $76,650 in round 100.
There were only nine new bids in round 100 across the 2,938 licenses for which there are provisional winning bids, down from 14 new bids in round 99 and leaving the FCC with 134 licenses for which there were no bids.
Currently, $690,399,330 has been bid in total for those 2,938 licenses.
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