The Federal Communications Commission announced on Wednesday, Jan. 4, they will conclude Stage 4 of the Reverse Auction on Friday, Jan. 13.
In order to complete this time-table, bidding will be increased from three rounds a day to four on Tuesday, Jan. 10, and according to the current decline and new bidding schedule, base price will reach $0 in Round 52, a 30-minute “lightning round” to be held on Friday, Jan. 13.
However, that is not a final estimate because it is possible for the FCC to add two bidding rounds beyond the round at which the clock price reaches $0.
The current clearing target is 84 MHz (70 MHz licensed spectrum), and a new clearing target should be released on or by Monday, Jan. 16.
Friday’s schedule will be able to handle up to five rounds of bidding, if necessary.
Continuing through Monday, January 9
Bidding Round. . . 10:00 AM – 11:00 AM ET
Bidding Round. . . . 1:00 PM – 2:00 PM ET
Bidding Round. . . . 4:00 PM – 5:00 PM ET
Tuesday, January 10 – Thursday, January 12
Bidding Round. . . 10:00 AM – 11:00 AM ET
Bidding Round. . . 12:00 PM – 1:00 PM ET
Bidding Round. . . . 2:00 PM – 3:00 PM ET
Bidding Round. . . . 4:00 PM – 5:00 PM ET
Friday, January 13
Round 50. . . 10:00 AM – 11:00 AM ET
Round 51. . . 12:00 PM – 1:00 PM ET
Round 52. . . . 2:00 PM – 2:30 PM ET
Round 53. . . . 3:00 PM – 3:30 PM ET
Round 54. . . . 4:00 PM – 4:30 PM ET
Bidders should have a back-up plan in the event that any difficulties occur while accessing the Auction System.
