If you’ve ever looked at your cellphone bill and grimaced, in the US at least, cast your eyes towards the FCC’s auction process and you might have some sympathy. The latest round of the C-band spectrum auctions have concluded, and the total commitment as of writing stands at $80.92 billion. When you slice it by the number of MHz available by the US population, the C-band auction was around 4.3x costlier than last year’s CBRS auctions – covering 3.55-3.7 GHz. While this sounds exorbitant, financial analysts were expecting something more like 7x multiples, meaning that this C-band round might have been something of a bargain. That is, of course, a relative term, but the spectrum available here is being touted…