The 700MHz auction is 5 weeks old now and starting to show signs of wrapping up. Today marked the 140th round as last Friday the FCC ramped up to 8 rounds per day. So it’s still going hot and heavy right? Wrong. Today companies bid on only 17 licenses. That’s out of 1,089 licenses total.
So let’s assume there comes a round this week where nobody bids a thing. Then what? Auction over. It’s as simple as that. According to RCR Wireless News, within about 10 days of ending, the FCC will likely announce the winner(s) of each block.