The commission boosted the activity requirement and the opening bid price per round as the auction wears on.
The TV spectrum incentive Stage 4 Round 11 forward auction raised a total of $23 million ($23,013,000) when bidding in the round concluded Thursday afternoon.
On January 18, two days before he left office, FCC Chairman Tom Wheeler released a statement lauding the completion of the incentive auction.
The Federal Communications Commission added another $59 million in auction proceeds after Round 5 concluded Monday afternoon.
The closing criteria of the television spectrum incentive auction have been met at $18.2 billion in bids for 70 MHz of public airwaves.
Bidding in the Stage 4 forward auction is tentatively scheduled to begin Wednesday, Jan. 18, the Federal Communications Commission said today.
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