Wireless Auction Bids Reach $3.7 billion At The End Of the Day Friday.

snapvoipCompanies qualified to join the 700 MHz airwaves auction include major carriers AT&T Inc and Verizon Wireless, as well as possible new competitors like Internet company Google Inc, EchoStar Communications Corp and Cablevision Systems Corp. They all have been busy since the auction opened but not busy enough to reach the FCC's goal, a 10 Billion Dollar sale.
Among all these companies, the collective bids for all the blocks now stand at 3.7 Billion.
Continue reading at Reuters news article..
 Bids reached unprecedented 18.96 Billion at the end. 
tag: 700 MHz Spectrum, FCC, ATT, Cablevision, Verizon, google, EchoStar,