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Re:FCC spectrum auction bidding ends at $19.6B by mjw1007 on Sunday February 12, 2017 @12:47PM (#13629473)
It would be more interesting if the article had reported the median analyst forecast.

Given that it doesn't go as far as to say "most analysts had expected substantially more", it seems plausible that this the result is in fact in line with expectations.

Re:FCC spectrum auction bidding ends at $19.6B by DannyBee on Sunday February 12, 2017 @01:21PM (#13629666)
"Given that it doesn't go as far as to say "most analysts had expected substantially more", it seems plausible that this the result is in fact in line with expectations. "

I'm a bit lazy ATM, but when this boondoggle was sold to congress, the median forecast was done and was much higher. The broadcasters also were forecasting, as part of their earnings, much higher numbers.