Band 26 spectrum auction for Puerto Rico and the Virgin Islands

[smooth25]

Ok so I couldn't find anything on the auction so I contacted the source. Here's what I received :

 

 

 

 

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[S4GRU]

Ok so I couldn't find anything on the auction so I contacted the source. Here's what I received :

 

 

 

 

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They'll need to keep dropping.

[Rawvega]

No Bid

No Bid

No Bid

No Bid

No Bid

No Bid

 

 

Kinda hard to demand top dollar when you have a captive bidding audience of one...

[smooth25]

I can imagine how the 600 MHz auction is going to look like.

 

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[MacinJosh]

Hahahaha! They thought they'd get rich, but they are losing out!

 

 

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[WiWavelength]

Hahahaha! They thought they'd get rich, but they are losing out!

 

Do not laugh yet, Josh.  Monopsony has the speculators over a barrel.  But they still may turn a small investment into a multi million dollar return.

 

AJ

[MacinJosh]

Do not laugh yet, Josh. Monopsony has the speculators over a barrel. But they still may turn a small investment into a multi million dollar return.

 

AJ

How much did they pay for this spectrum?

 

 

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[WiWavelength]

How much did they pay for this spectrum?

 

Not $100 million.

 

AJ

[Robert7]

no bid today?

[smooth25]

no bid today?

I haven't checked but I doubt it. This will probably drag till the final day. (which I don't know when btw)

 

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[Robert7]

When do the auction ends?

[smooth25]

It ended. They didn't give me any other information due to confidentiality. I'm trying to find out if it was actually sold or not. This is what they sent me.

 

"The auction has closed.  Confidentiality agreements between the parties prevent us from discussing any details. Thank you for  your inquiry."

 

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[nickywilliam]

any news?

[smooth25]

I can't get anything. IMHO I don't think it was sold at the auction and they are probably trying to work out a deal.

 

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