The Triumphs and Tribulations of Wiz

So I have been paying a bit of attention to some of the news of the auction of the 700MHz spectrum in the US and it now seems that the hammer has been thrown down and the auction finished. Now then the 700MHz spectrum is the spectrum that analogue TV signals are broadcast on, as such they can penetrate walls and so would be good to carry internet signals and stuff like that. As such the auction has finished and the results have been released. Verizon Wireless spent over $9 bil on one block of the spectrum and AT&T spent $6.5 bil on another block on the spectrum.