Following a few tense rounds without any bids, the nationwide block of eight C-Block licenses picked up a new bid during round 17 to push the potential winning price for the block past the $4.6 billion reserve mark, thereby triggering the spectrum’s open-access provision. The potential winning bid for the block in round 17 sat at $4.7 billion, with the minimum bid for round 18 set at nearly $5.3 billion.
We, or Google rather, can all breathe a little easier. Next year at this time, we should be gearing up to start running our open-source devices on an open-source network! Just a couple of things to ponder. Who bid this up today? How much higher is this going to go? Keep checking back with us and we’ll let you know what find out.