[AFMUG] CBRS PAL auction

[Adam Moffett]

So if I'm understanding correctly, there's an up front payment to 
participate in the auction.  That's $0.01 per Mhz/POP.  The licenses are 
for a County.  So if my county has 190,000 people and I want 20Mhz, then 
I pony up $38,000 /for the privilege of participating in the auction/.  
And then if I get outbid by AT&T or Google then I've spent $38,000 and 
have nothing to show for it.

Did I get that right?

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