The Federal Communications Commission (FCC) has announced the conclusion of bidding in the ‘clock phase’ of Auction 107 – the highest-grossing spectrum auction ever held in the United States. The process ended on Friday 15 January after 97 rounds of bidding and generated total bids of USD80.917 billion. Going forward, the winning bidders will now have the opportunity to bid for frequency-specific licences in the auction’s ‘assignment phase’. Auction 107 made available licences for 280MHz of C-band spectrum in the 3.7GHz-3.98GHz band.
FCC chairman Ajit Pai made the following statement: ‘This historic FCC auction is already a record-breaking success. Bidders have won all of the 5,684 spectrum blocks that were up for bid. And gross proceeds have exceeded USD80.9 billion, shattering the prior FCC auction record of USD44.9 billion … The FCC confronted a host of technical, legal, practical and political challenges in structuring this auction. It would have been easy to delay. But we rightly pushed ahead and overcame every one of those obstacles.’