Aggregate Reserve Price
Pursuant to the Commercial Spectrum Enhancement Act, the Commission established an aggregate reserve price of $1,029,534,343.20 applicable to the eligible frequencies that are a component of all licenses in Auction No. 66. In order for the reserve to be met, total provisionally winning bids, net of bidding credits, must exceed $2.06 billion. The net total provisionally winning bids were $13.7 billion.