Spectrum Auction Update: $3.2 Billion Bid, No News

After three rounds of bidding, companies have bet $3.2 billion so far in the FCC’s wireless spectrum auction. (Our primer explains the auction basics — in short, these are airwaves that companies could use to offer wireless phone/Internet service.)

What does that mean? Nothing. It’s the equivalent of reporting on a marathon after the runners pass mile one — without being able to identify the runners. In a week or so, once we have a better idea of which spectrum slices are attracting the most attention, we’ll be able to offer more cogent analysis.

See Also: The FCC Spectrum Auction: The Cliff Notes Version
Anyone Want Some Airwaves? The FCC Spectrum No One Wants
What The FCC Auction Rules Mean — Less Than You Think

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