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Home » FCC’s mid-band spectrum auction hits $672M on first day

FCC’s mid-band spectrum auction hits $672M on first day

October 6, 2021
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The Federal Communications Commission kicked off its auction of 100 megahertz of contiguous, 3.45 GHz mid-band spectrum.  

“We are moving with record speed and collaboration to free up more mid-band spectrum for 5G,” said FCC Acting Chairwoman Jessica Rosenworcel.  “These airwaves are a critical part of unlocking the 5G promise everywhere in the country.  I want to thank the FCC staff who have worked so hard to start this auction this year.  And I want to thank our partners at NTIA and the Department of Defense for working with us to free up this spectrum for 5G.”

As required by law, auction proceeds must cover 110% of the expected sharing and relocation costs for federal users currently operating in the band – in this case $14,775,354,330, based on a January 14, 2021 estimate from NTIA.

The FCC adopted flexible use service rules for the 3.45 GHz band in March 2021 and established procedures for Auction 110 in June.  License winners will operate within a cooperative sharing framework that will enable commercial use by an array of service providers, while also ensuring that federal incumbents are still protected from harmful interference where and when they require continued access to the band. 

After 2 rounds on the first day, bidding reached $672,410,700.

https://www.fcc.gov/auction/110

Tags: AuctionBlueprint columnsFCC
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