Excitement continues: wireless auction ends in U.S., winners will be known within 10 days

by Daniel Langendorf

March 18th, 2008 | Posted in Comms, Mobile | No Comments

I know you can’t wait — it’s better than who is going to make it to the Final Four. OK, not really, but the largest and most lucrative wireless spectrum auction in U.S. history ended today, and we’ll know within 10 days who won the coveted C-block.

Presumably it’s Verizon, the No. 2 U.S. carrier, and not “telecom” upstart Google, but who knows? Maybe there is a surprise or two in the final results. Or not.

Even so, the auction will bring in $19.5 billion for the Federal Communications Commission, with $4.744 coming from the C-block winner. The winner can claim its prize within the year and start building that super-duper, next-gen, open-access wireless network we’ve been hearing about.

All in all, the event took 38 days to complete with 261 rounds of bidding. For a blow-by-blow account, see RCR Wireless News.

last100 is edited by Steve O'Hear. Aside from founding last100, Steve is co-founder and CEO of Beepl and a freelance journalist who has written for numerous publications, including TechCrunch, The Guardian, ZDNet, ReadWriteWeb and Macworld, and also wrote and directed the Silicon Valley documentary, In Search of the Valley. See his full profile and disclosure of his industry affiliations.