Unfiltered

It turns out the hold in the auction was a technical delay. The FCC canceled the final round of the day, round 31, but will resume its regular 5-round bidding schedule in the morning.

The auction mysteriously went on hold this afternoon, an we’re still waiting on the FCC for an explanation. Could it be that the auction is winding down? In round 30, the auction generated only 158 new bids as the bidding slows down on many of the licenses. Those bids result in only a 0.26% increase in the total bids so far, which reached $18.8 billion today. (more…)

The C-block package license was bid up to $4.29 billion in today’s opening round. If someone takes the bait in round 14, the provisional winning amount will break the open-access barrier, paving the way for the first wireless network with a government mandate to support any application or device. Of course, that’s only if someone bids in round 13. If the bidders follow their current pattern, they’ll skip a round in between bids, which will drop will the minimum bid necessary. Right now the minimum bid is $4,865,795,000. The reserve price set by the FCC to activate open access is $4,637,854,000.

For a full analysis of the open-access race see Telephony’s wrap-up story for Day 4. For the full auction results see the FCC’s Auction 73 page.

The further hiccups in C-block bidding we predicted yesterday turned out to be right on the button. The competitors for the nationwide open-access license didn’t submit bids in today’s opening round, leaving the license at its $2.98 billion provisional amount at the end of round 9. The lack of activity not only slows down the license’s advance to the $4.6 billion reserve price, which would unlock Google’s coveted open-access provision, but it also serves to lower the minimum bid for the next round from $3.42 billion to $3.38 billion.  (more…)

The FCC upped the intensity of the auction today, hosting four rounds of bidding today instead of the two daily rounds of last week. Despite the doubling of activity of Day 3, nothing too startling occurred. Except for a slight hiccup in C-block bidding in round 6, the auction is essentially in the same state as we left it at the end of week one: bidding ramped up leisurely on the C-block open-access license, the D-block public-safety license was untouched and the really nasty fighting occurred over regional and market licenses in New York, Southern California and Chicago. In total, the auction has no generated $6.1 billion in high bids. (more…)

For the first time in six rounds, no one bid on the open-access C block in Auction 73. After attracting a single bid in every round bringing the price up to $2.15 billion, the unnamed bidders competing for the large block of commercial spectrum stepped back in round 6, drawing into question the demand for the nationwide block that would support the country’s first government-mandated open-access network.  (more…)

The new bids are in, and the D-block public safety band has yet to attract another bid since the opening round. Its opening bid of $472 million is still far below the $1.3 billion reserve price set by the FCC. The auction is still far from over, but the more rounds go by without the license being bid, the more worried the FCC and the public safety community may become that their long-dreamed of national emergency network won’t have a commercial backer. As Current Analysis’ Bill Ho told us for an earlier post, such a predicament could be awfully embarassing for the public safety community. (more…)

The 700 MHz auction kicked off today with two rounds of bidding, racking up a total $2.425 billion. Unlike previous auctions, the FCC is keeping secret the leading bidders’ names, revealing them only after the auction concludes. But the bids themselves are public and the biggest bid so far is for the C block, a package of 8 regional licenses covering all 50 states. The open-access spectrum block attracted two bids in two rounds, ending at $2.25 billion for the day.  (more…)