The FCC's auction for prime 700 MHz territory nationwide is over: The auction took in nearly $20b before discounts for small businesses and other credits, but the FCC didn't disclose the winners. 1,099 licenses were at stake, with the 6 C Block licenses ($4.74b winning bid) were the ones most watched. The others shouldn't be ignored, even though taken one at a time, most of them are quite limited in geographic coverage. With that spectrum, regional operators will be able to build interesting networks that could compete with national players.
The big failure in the auction was the D Block, a national chunk of shared public/private spectrum that a winning bidder would operate in a manner that gave priority to emergency uses. The minimum bid was far from met: $1.4b was the reserve price, and bids never topped $500m. Rules for the block will have to be redesigned and rebid.