The FCC’s first millimeter wave (mmWave) spectrum auction may be seen as a milestone for 5G, because of the regulator’s leadership in getting these high frequency airwaves into operators’ hands, but it will not excite the US Treasury. Provisional winning bids (PWBs) totaled $702,572,410 as the process ended. The regulator has 107 licenses in the 28 GHz band still available, but has received no further bids, withdrawals or other action after 176 rounds of bidding, which started on November 14. “Therefore, bidding in the Commission’s first auction of Upper Microwave Flexible Use Service licenses has concluded under the simultaneous stopping rule,” the FCC said on January 25. It has announced March 14 as the start date for its next mmWave…