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Tag Archives: Auction

AWS-3 Auction Revenue Surpasses $16 Billion

After four days and fifteen rounds of bidding, bidding for paired spectrum in the AWS-3 spectrum auction (Auction 97) remained very strong today.  Total revenue accelerated past its $10+ billion reserve price this morning and closed the day in excess of $16 billion.  The current revenue level ensures that Auction 97 will fully cover the

Sequestration Could Potentially Delay Telecom Deals and Slow Smartphone Offerings, But Should Not Affect Phone Subsidy and Auction Programs

When last year’s “supercommittee” failed to reach consensus on a plan to reduce the deficit, it set in motion $1.2 trillion in defense and non-defense spending cuts for 2013. If Congress does not act to prevent this “sequestration” by January 2, 2013, the budget axe will fall across virtually every element of the US government.