The FCC’s auction of wireless airwaves ended on Tuesday, raising a record $19.6 billion.
The names of the winners have not yet been released, so it’s unknown whether a new company will enter the wireless realm to compete against AT&T and Verizon Wireless.
Early on in the auction, Google had made a bid, but later removed its offer.
According to the Washington Post, the bid for the D-block, a spectrum to be used for public safety was sold for far below the minimum price set by the agency.
The proceeds of the auction will be used for education on the transition to digital television.