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Description:
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With the results of today’s rounds of the forward auction, the bidding has satisfied the requirements of the incentive auction’s Final Stage Rule, meaning that the auction will successfully conclude in Stage 4. Bidding will continue in Stage 4 until there is no excess demand in any market and following the close of the clock auction, the Commission will conduct an assignment phase where winning wireless bidders may bid for specific blocks.The following statement can be attributed to FCC Chairman Tom Wheeler: |