The C Band auction has raised $3.385 billion after eight rounds of bidding. Auction 107 (aka the 3.7 GHz service auction) shifts to four rounds of bidding today.
That total puts the C Band auction on track to quickly exceed the amount raised by the sale of CBRS Priority Access Licenses, which totaled nearly $4.6 billion in bids and lasted for 76 rounds.
The most hotly contested market continues to be the Baltimore-Washington DC Partial Economic Area (PEA), with demand for 41 blocks but only 14 available licenses in the PEA. Those licenses were going for nearly $9.2 million each as of the close of round 8.
