The AWS spectrum auction has already generated $1.5B in bids for the federal treasury. The auction will be stepping up the pace later this week: after round 13 (the first round on June 2), bid increments will be 10% (instead of the current 15%). In addition, the auction will be moving to 5 rounds per day as of Thursday.
From the original pack of 30 applicants, 3 didn’t make it past the qualifying list. A number of bidders withdrew prior to the auction commencing. Some others were no shows when the bidding got underway. Still others have seen partial or dramatic erosion in their eligibility points.
Very interesting to look at where people are bidding and perhaps more importantly, where they are not bidding.
I referred to bidding early last week as the preliminary round. We are starting to move toward the end of regular season play this week. The play-offs are still to come.