AWS-3 Auction Reopens, Could Be Nearing Conclusion

The FCC’s AWS-3 auction restarted Monday after its holiday break. the number of new bids has dropped to less than 20 per round. The FCC will increase the number of rounds per day Tuesday to ten from eight to further accelerate the conclusion of the auction. BTIG analyst Walter Piecyk said in a note to investors, “At this rate, we could see a conclusion by the end of the week.”