FCC accelerates AWS-3 auction, bidding surpasses $41 billion

* The spectrum auction currently underway is bringing in big money, far surpassing initial expectations. The FCC set a reserve at $10 billion for AWS-3 spectrum covering 1695-1710MHz, 1755-1780MHz, and 2155-2180MHz frequencies.



AT&T and Verizon are the presumed frontrunners in the bidding, but the FCC has not listed any of the active participants in the bidding. T-Mobile and a few dozen other companies are possibly in the mix.



Sprint is sitting this round of auctions out. Dish Network is probably stirring things up as well. In the first four days of the auction, bidding had ... *



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