FCC announces mid-band auction winners

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The US’s Federal Communications Commission has released the results of the recently-concluded auction of 70 megahertz of Priority Access Licenses (PALs) in the 3550-3650 MHz band for 5G. The auction made available the greatest number of spectrum licences ever in a single FCC auction.

Auction 105 gross proceeds reached $4,585,663,345, with net proceeds totalling $4,543,232,339. A total of 228 bidders won 20,625 of 22,631, or more than 91.1 per cent, of available licences.

The five bidders with the largest total winning bid amounts were as follows:

Bidder Total Winning Bids
Verizon Wireless Network Procurement LP $1,893,791,991
Wetterhorn Wireless LLC $912,939,410
Spectrum Wireless Holdings, LLC $464,251,209
XF Wireless Investment, LLC $458,725,900
Cox Communications, Inc. $212,805,412

The five bidders winning the largest number of licences were as follows:

Bidder Number of PALs Won
Wetterhorn Wireless LLC 5,492
SAL Spectrum, LLC 1,569
AMG Technology Investment Group, LLC 1,072
Windstream Services LLC, Debtor-in-Possession 1,014
XF Wireless Investment, LLC 830

Wetterhorn Wireless LLC is the bidding vehicle for DISH, with the remaining companies in the top five bidders by winning amounts all being cable companies. The third-largest bidder was Spectrum Wireless Holdings LLC, a subsidiary of Charter Communications. A unit of Comcast Corp. was the fourth-largest bidder. Cox Communications completed the top five.

 


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