FCC Auction Targeting 5G to Take Holiday Break; Little Changed Friday at $687.7 Million
FCC Auction 101 for 5G, IoT and other advanced services will take a holiday break. The first auction of upper microwave flexible use service licenses (see 1812130071), in the 28 GHz band, said in a Thursday update that if it's…
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still going Dec. 21 and remains in four rounds per day, bidding ends that day at 1 p.m. EST and resumes 10 a.m. Jan. 3: "We will post an announcement providing the exact time bidding will be suspended on December 21 closer to that date." The auction bidder line also closes for the holidays. Friday, provisionally winning bids were little changed from the previous day, at $687.7 million. There are 40 qualified bidders and PWBs for 2,939 spectrum blocks, with another 133 held aside.