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.