On January 22nd the FCC kicked off its first major auction of wireless airwaves in 6 years. This is the first of 3 planned spectrum auctions, the last of which is a broadcaster incentive auction scheduled for mid-2015. The purpose is to free up more spectrum for wireless broadband and to pay for FirstNet, a first responder broadband network. So far, there have been bids on 104 of 176 licenses available and over $345 million raised after 7 rounds of bidding. New York, Los Angeles, and Chicago markets account for almost two-thirds of the total bid so far.
Read more at MultiChannel News here