FCC Commissioner Jessica Rosenworcel today said the government has received bids totaling $12 billion for AWS-3 spectrum licenses.
The auction kicked off November 13 with a reserve price of $10.6 billion. Today’s revelation means the government has already exceeded its minimum for the auction. At stake are more than 1,600 licenses around the country covering 65MHz of AWS-3 spectrum.
The FCC didn’t say how long it expects the bidding to continue. AT&T, T-Mobile, and Verizon Wireless are among 70 entities approved to participate in the auction.
