FCC Announces Winning Bidders of 3.5 GHz Band Auction

The Federal Communications Commission released a Public Notice detailing the results of and next steps related to the recently concluded auction of 70 megahertz of Priority Access Licenses (PALs) in the 3550-3650 MHz band (Auction 105). This auction made available the greatest number of spectrum licenses ever in a single FCC auction. The Public Notice details auction results—including the names of winning bidders—and announces deadlines for payments and the filing of long-form applications, as well as other post-auction procedures needed for the prompt issuance of licenses. Auction 105 gross proceeds reached $4,585,663,345, with net proceeds totaling $4,543,232,339. A total of 228 bidders won 20,625 of 22,631, or more than 91.1%, of available licenses.

The five bidders with the largest total winning bid amounts were as follows: Bidder Total Winning Bids

1. Verizon Wireless $1,893,791,991
2. Wetterhorn Wireless $912,939,410
3. Spectrum Wireless $464,251,209
4. XF Wireless $458,725,900
5. Cox Communications $212,805,412