The FCC’s AWS-3 auction closed Thursday, January 29th, after 341 rounds and 45 days, garnering a record $44.9 billion in gross bids. In comparison, all FCC auctions before the AWS-3 sale generated just more than $53 billion in net proceeds to the U.S. Treasury.
David Taylor, executive director of the Wireless Broadband Coalition, weighed in on the conclusion of the historic auction. “The record-setting AWS-3 auction results demonstrate that the wireless industry values cleared, paired, internationally-harmonized spectrum allocations. The results also suggest that the federal relocation process reforms contained in the 2012 Spectrum Act aimed at reducing risks for both relocating federal agencies and prospective auction bidders worked better than most analysts anticipated.”