After 17 rounds, the 700MHz spectrum auction has finally hit its one of its most closely watched targets: bidding on Block C has surpassed the Federal Communications Commission's mandated $4.638 billion reserve, meaning that the FCC's mandated open access rules will come into play. Bids on the block of spectrum totaled $4.744 billion after Round 17.

Read full story: Ars Technica

See related topics: Access Providers, Broadband, Wireless