Feeds

US 700Mhz auction raises $19.6bn

But winners yet to be announced

Intelligent flash storage arrays

The Federal Communication Commission (FCC) has announced the end of the US 700MHz auction, but won't be saying who's snapped up the frequencies for another 10 days or so while they officially close the sale.

The delay is down to the lack of bids on the D block, which had a reserve of $1.6bn and an obligation to provide a network to which emergency responders would have priority access. That block didn't sell, so must be separated from the auction before the rest of the winners can be identified.

Eight regional licences in the A and B blocks also didn't sell, though 1090 did. The much-touted C block didn't end up in one buyer's hands but got split into 12 regional lumps, making it likely that the winners are existing operators looking to fill holes in their coverage, rather than new players wanting to deploy exciting new services.

Whoever won has deep pockets - the $19.592bn raised is more than the combined total the FCC has raised through auctions over the last 15 years, and almost twice the estimated price.

The FCC already has plans for the cash. Apparently, it's to be spent on "public safety and digital television transition initiatives", so it's digital set-top boxes all round then. ®

Security for virtualized datacentres

More from The Register

next story
TEEN RAMPAGE: Kids in iPhone 6 'Will it bend' YouTube 'prank'
iPhones bent in Norwich? As if the place wasn't weird enough
Crouching tiger, FAST ASLEEP dragon: Smugglers can't shift iPhone 6s
China's grey market reports 'sluggish' sales of Apple mobe
Sea-Me-We 5 construction starts
New sub cable to go live 2016
EE coughs to BROKEN data usage metrics BLUNDER that short-changes customers
Carrier apologises for 'inflated' measurements cockup
Comcast: Help, help, FCC. Netflix and pals are EXTORTIONISTS
The others guys are being mean so therefore ... monopoly all good, yeah?
Surprise: if you work from home you need the Internet
Buffer-rage sends Aussies out to experience road rage
EE buys 58 Phones 4u stores for £2.5m after picking over carcass
Operator says it will safeguard 359 jobs, plans lick of paint
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.