FCC Auction Has Surprise Ending in Store

Here’s what we have so far. The high bid for the national block of the spectrum is standing still with a bid of $4,637,854,000 after 17 rounds. However, the combined bids for the regional blocks now total $4,748,030,000 after 31 rounds. This amount exceeds the nationwide block and throws a twist in. FCC rules state that when the total regional bids exceed the bid for the nationwide block, then the regional bidders win, and the blocks are sold individually.

Somebody wake the President. The auction might have just gone into DefCon 5! We’ll keep an eye on the auction for you and report back whatever we hear. For now, the smartest thing you can do is to subscribe to our feeds.

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