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U.S. Airwaves Bids Total $19.6 Billion; Auction Ends (Molly Peterson/Bloomberg)

March 18th, 2008 by

Molly Peterson / Bloomberg:

U.S. Airwaves Bids Total $19.6 Billion; Auction Ends  —  The most lucrative airwaves sale in U.S. history ended today with bids totaling $19.6 billion, underscoring demand from AT&T Inc. and Verizon Wireless for spectrum that will bolster Internet services on mobile phones.

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