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FCC Spectrum Auction bids push upwards
Posted: 05-Feb-2008 [Source: Reuters]

[FCC reports bidding has exceeded the previous $4.71 billion offer for "C Block" spectrum -- this time a combination of eight separate bids totaling $4.74 billion was received.]

By Peter Kaplan, Washington (Reuters) -- "Bidding on a key piece of the wireless airwaves being sold by the U.S. government has topped a previous $4.71 billion offer, according to data released by the Federal Communications Commission on Monday."

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