Auction 101 Bidding Concludes
The Federal Communications Commission's Wireless Telecommunications Bureau and the Office of Economics and Analytics report that there were no bids, withdrawals, or proactive activity rule waivers placed in round 176 of Auction 101, the FCC’s auction of licenses in the 27.5–28.35 GHz (28 GHz) band. Therefore, bidding in the FCC’s first auction of Upper Microwave Flexible Use Service (UMFUS) licenses has concluded under the simultaneous stopping rule. Auction 101 raised (in gross bids) a total of $702,572,410 with a total of 2,965 28 GHz UMFUS licenses won.
FCC Chairman Ajit Pai said:
The successful conclusion of our nation’s first high-band 5G spectrum auction is a significant step toward maintaining American leadership in 5G. But we can’t afford to rest on our laurels—and won’t. The FCC will continue to aggressively push more spectrum into the commercial marketplace. Our 24 GHz auction will begin soon, and we will then hold an auction of three more spectrum bands later this year. By making more spectrum available, promoting the deployment of wireless infrastructure, and modernizing our regulations—the three components of the FCC’s 5G FAST plan—we’ll ensure that American consumers reap the substantial benefits that will come from the next generation of wireless connectivity.
Auction 101 Bidding Concludes Statement (FCC Chairman Pai)