The controversial 700-MHz spectrum auction has closed, raising $19.59 billion, a record for a spectrum auction in the U.S. according to the Federal Communications Commission (FCC).

The 700-MHz auction was the first to require anonymous bidding, and the FCC has not yet revealed which companies won the rights to the bands that were sold. While Google Inc. was instrumental in pushing the so-called open-access rules for the auction, it is still unknown if the search giant bid for or won any of the licenses.

Read full story: Computerworld

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