600-MHz Spectrum Auction Bids Reach $22 Billion, But Demand is Slowing

Bids in the U.S. 600-MHz spectrum auction have reached about $22 billion, with bidding increases now seemingly now slowing in the top-10 biggest markets as well as broader top-27 markets. Demand in smaller markets has not been robust.

The likely outcome is that not all available spectrum--about 126 MHz--will actually be bought.

source: Future Mobile Services