FCC's auction over the 700MHz spectrum closed at $19.6 billion total amount. The big winner of the auction is Verizon Wireless (VZ) which spent $9.4 billion and received enough licenses in the C-block to cover the entire country. The second winner is AT&T with a bid of $6.6 billion for B-block. Check out the chart below to have an overview of the winners:
| Block | Big winner | Total spent (all blocks) |
|---|---|---|
| A | No clear winner | |
| B | AT&T | $6,636,658,000 |
| C | Verizon Wireless | $9,363,160,000 |
| D | Qualcomm | $472,042,000 (did not meet reserve) |
| E | Frontier Wireless | $711,871,000 |
Although Google Inc. didn't win the battle, the company assured that the reserve price was met and FCC opened access for the C-block spectrum. "We don't necessarily have to have our own spectrum," said Google co-founder Sergey Brin.
Other winner in the auction were Qualcomm with licenses in B and E blocks and Frontier Wireless which got a majority in low-bandwidth E-block. However the D-block didn't have a winner because its bidders didn't meet the $1.3 reserve.
via Engadget
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