With Forward Auction proceeds as of Round 53 of Stage 4 at $19,604,250,025, the FCC on Thursday made its latest move designed to wrap up these phase of the spectrum auction.
On Feb. 1, the clock price for a product was adjusted for each round by adding a fixed 10% increment to the previous round’s posted price. Beginning Friday (2/10), the increment will change to 15%.
Also effective Friday: The activity requirement will increase from 95% to 100%.
Specifically, a bidder’s activity requirement will be satisfied when the bidder has bidding activity equal to 100% of its current eligibility. If this requirement is met, the bidder’s eligibility will not be reduced for the next round.
Ahead of the latest Commission effort to wrap up the Forward Auction, Sachin Chhibber, VP of Spectrum and Technology at Auction600MHz.com, AWS3Auction.com, and SAAS Holdings; and Director/Radio Access Technology at Ligado Networks, offered an excellent analysis of the forward auction.
Here’s what Chhibber has to say on this phase of the spectrum auction wrapping up, and the timing as we wait for the assignment bidding phase of the forward auction to begin. The key takeaway: Excess demand is underwhelming.