After 45 rounds that have raised $69.8 billion in bids from a field of 57 qualified bidders, the C Band auction is taking a break for the holidays. The auction will resume January 4.
The auction’s total raised has far exceeded estimates and has brought in more gross bids than other other Federal Communications Commission auction—and it’s not over yet. More than half of the available license-types are still seeing active competition; as of round 45, demand exceeded the supply of available licenses for 235 of the license products. Demand was equal to supply for 217 license products.
