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Auction total nears $400 million

August 23, 2022

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The Federal Communications Commission’s auction of 2.5 GHz overlay licenses continues to wend toward its end, with fewer than 200 licenses out of about 8,000 that were still under contention as of Round 52.

Comparatively, about 300 licenses were still seeing competition last week.

The auction’s bid total was about $391.16 million as of the close of Round 51; Round 52 bumped that total up to $394.1 million. Four auction rounds are being held each day.

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