Spectrum Auction: C Block Hits Reserve Price  —  A bid of $4.7 billion this morning for the most valuable group of wireless licenses in the Federal Communications Commission auction for 700Mhz spectrum pushed the price over the minimum price the government set.

Source:   Bits

Author:   Saul Hansell

Link:   http://bits.blogs.nytimes.com/2008/01/31/spectrum…