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Technology Stocks : Nokia (NOK)
NOK 6.960+1.8%3:43 PM EST

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To: slacker711 who wrote (8550)12/14/2000 9:56:55 PM
From: Eric L  Read Replies (1) of 34857
 
Re: FCC Wireless Auction Update

Total net bids after the 5th round of the FCC's C-F block auction jumped to $836 mil., up 41% over Round 3.

The top 15 bidders account for 93% of that total. Venture capital-backed Theta Comm., bidding on three New York metropolitan licenses, moved into the #1 spot.

The big national wireless incumbents and/or their designated hitters make up the majority of the top bidders so far - in 2nd through 5th place after Round 5 are Verizon (Cellco Ptp), VoiceStream, Nextel (ConnectBid) and Cingular (Salmon).

Alaska Native Wireless, backed by AT&T, was in the top winners' circle yesterday, but fell out temporarily today (12/14).

Detail here:

kagan.com

Note: Once again VoiceStream is bidding as VoiceStream & Cook Inlet.

- Eric -
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