FCC's 2.5 GHz Auction Over With $427.8M in Bids
The FCC’s 2.5 GHz auction ended Monday, after 73 bidding rounds, hitting net proceeds of $427.8 million. The FCC found winning bidders for 7,872 of the 8,017 licenses offered. New Street’s Phillip Burnett predicted the imminent closing in a Sunday…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
note to investors. “Assuming the auction ends this week, we should get results about a week following close, putting us in the ‘early-to mid-September’ timeframe,” he said.