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.
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