The FCC’s Auction 107 continues to take cash from its US telco bidders. January 13th saw six 20-minute sessions (the original structure required 30-minute sessions) and generated bids worth $78 million placed on the table, and taking the overall total to a gross $80.910 billion. January 14th saw another six rounds of 20-minute sessions (Rounds […]
There are evidently plenty of areas still open to bids in the FCC’s Auction 107. Indeed, news emerged on January 12th that AT&T is discussing a $14 billion bank loan to fund buying more 5G spectrum. Monday’s (January 11th) five sessions saw $118 million added, taking that gross total to $80.775 billion. The five sessions […]
The five C-band bidding sessions in the US on January 8th only managed to raise $147 million (€120.6m), although taking the cumulative gross total to $80.65 billion. There are just two more days of planned bidding (January 11th and 12th) when the process should wrap up. Whatever the result on January 12th, this auction has […]
Five US frequency auction bidding sessions on January 7th raised $1 billion. The gross total in the FCC’s repository now stands at $80.51 billion (€65.7bn). Some smaller telcos can expect discounts on their bids so the eventual total will be less than the gross amount raised. There remain five more sessions on January 8th, with […]
The demand for the FCC’s allocation of new spectrum in its current Auction 107 has been staggering. The bids and the auction have resulted in the highest-ever payments being made for spectrum. More than $80 billion has already been tabled in gross payments, and the process fully enabled by the satellite industry freeing up their […]
While the US Capitol was being invaded and surrounded by rioters, the FCC, situated some 10 blocks north of the chaos, quietly got on with a further 5 rounds of its Auction 107 for 3.7 MHz frequencies on January 6th. The extra amount raised remained fairly modest compared to previous days. An extra $3.34 billion […]
The FCC’s Auction 107 which is handling the sale of licences for the 3.7 GHz C-band has again broken records. The five bidding periods on January 4th saw an additional $6.67 billion placed in bids and taking the overall total to $76.5 billion in gross proceeds. There will be more. The auction continues throughout this […]
The FCC’s Action 107, which looks after the sale of frequencies covered by the release of the satellite sector’s C-band 3.7 GHz spectrum, continues to break all records. Two bidding rounds on December 23rd took the overall amount of cash on the table to a thumping $69.83 billion. The position added some $3.5 billion during […]
Intelsat’s most senior staff received good news on December 22nd when the company’s bankruptcy court approved the request for a series of Key Employee Incentive Payments (KEIP) for 2021. But the court made some major adjustments to the core requests. The total three tier KEIP plan is trimmed downwards to $6,720,038 for the lower ‘Threshold’ […]
The FCC‘s auction (Auction 107) of C-band spectrum has reached $66.4 billion (€73.1bn) in its latest round after two weeks of bidding. This easily exceeds the former record of $45 billion raised during the AWS-3 auction held in 2015. Some reports suggest that the enthusiasm for spectrum from bidders could see extra ‘incentive’ cash going […]