The US 2.5GHz Auction Hits $416 Million
Dražen Tomić 29 Aug 2022 Print Comment
Foto: Depositphotos
The Federal Communications Commission’s (FCC) 2.5GHz band auction totaled $416 million on Thursday after 63 rounds. That led to BitPath COO and auction analyst Sasha Javid said that there is an outside chance it could be wrapped up sometime this week.
Starting last week, the auction moved to six rounds, which Javid noted could push the auction across the finish line this week. The auction was previously conducted over four rounds each day. He stated there was a dip in demand in round 60 before the ensuing rounds picked up.
The US regulator’s latest spectrum auction kicked off on 29 July. The auction covers 8,017 county-based overlay licenses in the 2.5GHz band. Analysts predict T-Mobile US will be the big winner in the auction since it already owns or leases large chunks of the Educational Broadband Service (EBS) 2.5GHz spectrum.
More from category
ITU Plans to Rise $100 Billion to Push Digital Inclusion
The International Telecommunication Union (ITU) plans to raise $100 billion from the public and private sectors by 2026.
Vodafone UK to Continue with 3G Switch-Off
Vodafone UK announced it will advance with the plan to phase out 3G next month.
Operators Support Western Balkans Roaming Cut
38 operators had agreed to voluntarily reduce charges for those roaming between EU member states and the Western Balkans region (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia).