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C-Band Auction Proceeds Top $21 Billion

With the 28th round of the C-band auction complete Thursday, gross auction proceeds stand at $21.5 billion, per the FCC Auction 107 public reporting system. The demand for C band relative to supply is larger than it was for the…

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citizens broadband radio service, and this could be a protracted auction, Citi analyst Michael Rollins wrote investors Thursday. He said the three national wireless operators likely are active bidders, seeking 60 to 160 MHz each.