Bids in the 3.45 GHz auction surpassed $1.5 billion at the close of Friday’s rounds, and it appears one large bidder has dropped out.

Since starting on Tuesday there have been 11 rounds, together generating around $1.57 billion. Auction 110 is pausing for a long weekend and resuming Tuesday, October 12, with four rounds scheduled.

Sasha Javid, COO of BitPath and former Chief Data Officer and legal advisor for the FCC Incentive Auction Task Force, closely tracks results and interactive maps can be found here.

Read More at https://www.fiercewireless.com/wireless/3-45-ghz-auction-surpasses-1-5b-loses-one-large-bidder