"The auction provided up to three blocks of spectrum, totaling 117.5MHz in each county. In terms of the number of licenses won, the second-place finisher was the North American Catholic Educational Programming Fund. Its winning bids totaled $7.8 million and cover 107 licenses in 84 counties.
There were 63 winning bidders overall, and the auction raised $427.8 million. Small entities and rural service providers were given discounts on the license costs. The 2.5 GHz spectrum was originally set aside for educational institutions but has been repurposed for commercial service."
Read the full story at arstechnica.com