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700MHz auction exceeds $10 Billion, open-access just one bid away


With weeks still to go, your dysfunctional Uncle Sam is briskly rubbing his hands at having raised more than $10 Billion from the 700MHz auction. This, after just 16 rounds of bidding. But we're not happy to say the least. The all powerful, all propagating 700MHz "C" Block continues to stagnate at a bid of $4.3B -- unchanged since round 13. Perhaps the other contestants are waiting to see if Google carries through with their $4.6B pledge to trigger the open-access rule. Round 17 begins in just 3 hours and requires a minimum bid of $4,713,823,000. So let's get the lead out bidders, what's another $400 million compared to our undying loyalty?

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