

Of course, bidding has six weeks to go, so no one seems to be sweating just yet, though "lawmakers" are swearing they'll take "quick action" if the numbers don't rise. There is one small snag, with the "D" block - the public safety / first responder band - not seeing the kind of action the agency had hoped for, nabbing only $472 million in bids, a far cry from the minimum requirement of $1.6 billion. The total bids on the spectrum are also hovering near the $10 billion mark, which has been the FCC's goal all along, ostensibly demonstrating that everything is going according to plan. That number puts us perilously close to triggering the "open-access rule" which pretty much everyone (Google especially) has been clamoring for (or fighting). Currently, bids on the hotly contested "C" block have risen to almost $4.3 billion, or just a few dollars away from the FCC's reserve price of $4.6 billion. Here's some up to date 700MHz bidding news for you.
