A block of eight licenses covering the 22MHz C block of spectrum in the FCC wireless auction received a high bid of $4.7 billion in the 17th round of the 700MHz auctions, completed on Thursday.

On this block the FCC will require open access rules, the winning bidder must allow outside devices such as mobile phones and PDA’s from other carriers and must also allow users to run outside applications.

Posted: 01|31|08 at 5:58 pm. Filed under: Auction News.