T-Mobile Dominated 2.5 GHz Auction Winning 7,156 Licenses
T-Mobile, as expected, dominated the 2.5 GHz auction (see 2208300021), winning 7,156 licenses for $304.3 million, the FCC announced Thursday. The auction had gross proceeds of $427.8 million. PTI Pacifica was the second-highest bidder, at $17.7 million. TeleGuam Holdings bid $16.6 million. By number of licenses won, the No. 2 bidder was North American Catholic Educational Programming Foundation, with 107. The FCC said 63 bidders won a total of 7,872 licenses.