Auction Summary
Ed,
Strange how these things just show up in my mailbox!
JW@KSC
FCC Auctions Ended 3/25/98 !
(This summary of the LMDS auctions final round is from Simmons Associates.)
03/25/98 The FCC's LMDS auction ended this morning in its 26th day. The auction continued into today thanks to a single bid in the last round yesterday. Continuing the trend of targeted bids in late rounds, Eclipse surprised experts and topped Nextband for Salt Lake City-B for $2.6M.
This was only the second Top 50 license to receive a bid in the last 72 rounds. Total bids almost reached the $581M mark for the auction. The A Block netted $417M, or $1.90 per POP, and the B Block netted $162M or 64 cents per POP. Almost 8% of the spectrum was unlicensed.
For Round 127, the last round of bidding on Day 25, Simmons Associates' LMDS auction summary stats are as follows:
$ Total Net Risked: $ 580,908,029 $3.06 per Bid Unit (BU)
$ Total Net High Bids: $ 578,663,029 $3.05 per Bid Unit won
$Net A Total: $ 416,850,991; $2.45 per BU won; $1.90 per pop won
$Net B Total: $ 161,812,038; $8.35 per BU won; $0.64 per pop won
Eligibility Ratio: 92.93% (Initially 175.0%) -- Only 92.28% of spectrum is active
% BUs Bid vs. Total BUs Avail.: 0.06%
Total Eligible Bidders: 104 (Initially 139)
Total # Bids in this round: 1
Total # Licenses Bid this round: 1
Total # Licenses Active so far: 864 out of 986 (92.28% of all spectrum) (122 licenses unclaimed, representing 7.72% of all spectrum auctioned)
A: 379 of 493 active; 114 unclaimed, 109 untouched (5 now withdrawn)
B: 485 of 493 active; 8 unclaimed, 0 untouched (8 now withdrawn)
Total # Licenses Sold at Initial Minimum Bid Price: 195 representing
57,103,482 BUs (27.78% of all spectrum auctioned) and 79,557,101 Pops
Breakdown:
A: 181; 56,978,981 BUs; 77,416,302 Pops
B: 14; 124,501 BUs; 2,140,604 Pops
Simmons Associates provides auction tracking software and bidding
support services for all FCC auctions. If you are interested in ordering a full report detailing the results of the LMDS auction, including footprint maps of the top bidders as well as each winning bidder's Form 175 information, please call 202-333-5258 or email TTSimmons@aol.com.
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This late breaking LMDS news is courtesy of VIPC, broadband
consultants. VIPC specializes in business plans for broadband
projects. (303) 721-7830. |
