The 2.5 GHz auction has hit its stride with the move to four rounds of bidding per day. After a first-day total of more than $100 million, bids had been creeping up slowly in the early rounds, but the increase in daily bidding rounds has driven the total bids up to double and more than triple that first-day figure.
As of the close of Round 40, total bids stood at nearly $341.6 million; Round 41 took this to $347.3 million.
There are around 8,000 licenses available, and the number still under contention has dropped to around 300. The price appears to have settled for 7,560 licenses, with 155 having no demand.
