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2.5 GHz Auction Rises Above $200M

The FCC’s 2.5 GHz auction rose above $200 million Thursday, hitting $208.2 million after two bidding rounds for the day. Sasha Javid, BitPath chief operating officer, predicted Wednesday the auction would hit that mark Thursday but questioned whether total bids…

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will rise above $300 million. The auction started July 29. Two more rounds are scheduled for Thursday.