FCC's 28 GHz auction suspended due to weather

January 15, 2019

Heavy snowfall in the nation’s capital has prompted the FCC to suspend the 28 GHz spectrum auction. The agency plans to resume activities on Jan. 15 with six rounds of bidding.

The next phase of bidding, stage three, requires bidders to bid on 100% of the licenses they are eligible to bid on and should speed the conclusion of the auction, which began on Nov. 14, 2018. While the FCC has suspended most of its operations since Jan. 3 due to the partial government shutdown, the spectrum auction has continued without interruption because staffers that manage the auction are paid out of auction proceeds.

Through 126 rounds of bidding, provisionally winning bids have reached a combined total of $695,042,800. The total amount bid in Auction 101 has waned with each subsequent round of bidding, and the auction will come to a close when no new bids are placed.

Read more at FierceWireless

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