Bidding Complete in C-Band Auction, FCC Says
Bidding in the assignment phase of the C-band auction is complete, the FCC announced Wednesday. Assignment stage bidding started Feb. 8. Next, the FCC will unveil the list of winners. New Street told investors that announcement is likely next week.…
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After results are announced, winners must make 20% deposits within 10 business days, at which point the quiet period ends. “The successful close of [bidding] in our latest 5G auction will deliver another 280 MHz of the prime, mid-band spectrum needed to power next-gen connections,” tweeted Commissioner Brendan Carr.