And it is not over yet. companies like AT&T, Dish, Verizon and T-Mobile continue to up each other for two blocks in the 1695-1710 megahertz band, and four paired sets of frequencies at 1755-1780 and 2155-2180 megahertz. The reserve for the auction was $10.587 Billion.
The last auction for 700MHz, reached $18.96 Billion in 2008.
More info at FCC.