After a month of bidding on accumulating license for access to radio spectrum, the government raised over $13.7 billion dollars from numerous wireless carriers. Leading the way was T-Mobile who spent $4.2 billion to win over 120 licenses across the U.S. T-Mobile concentrated on gaining the spectrum in the countries most popular cities, including New York and Los Angeles.
The advanced wireless services spectrum auction, also known as Auction 66, occurred to give wireless carriers access to new spectrum for building next-generation networks. Mainly for 3G services, these advancements will continue to improve the reception you receive from your service provider. Here were the auctions top ten bidders:
Bidders Net total of high bids
1. T-Mobile $4.2 billion
2. Verizon Wireless $2.8 billion
3. SpectrumCo. $2.4 billion
4. MetroPCS $1.4 billion
5. Cingular $1.3 billion
6. Cricket $710 million
7. Denali Spectrum $274 million
8. Barat Wireless $127 million
9. AWS Wireless $116 million
10.Atlantic Wireless $81 million
