The clock phase of the Federal Communications Commission’s (FCC’s) 24GHz auction (‘Auction 102’) has ended after 91 rounds, generating total bids of USD1.989 billion. The process will shift to the assignment phase on 3 May, allowing bidders to obtain frequency-specific licences.
The 38 registered bidders include the likes of AT&T (bidding as AT&T Spectrum Frontiers), Verizon Wireless (bidding as Cellco Partnership), T-Mobile US, US Cellular and Windstream. An additional bidder, ATI Sub, is said to be an affiliate of Sprint Corp. Participants targeting the US territories of Guam and the Northern Marianas Islands, meanwhile, include DOCOMO Pacific and GTA (bidding as TeleGuam Holdings).
By comparison, the FCC’s auction of 28GHz spectrum (‘Auction 101’) – which took place between November 2018 and January 2019 – raised just USD702.6 million.