TECHNOLOGY - Dec. 25, 1995

Bids Exceed $1.2 Billion in Wireless Auction: Small businesses hoping to win licenses to provide cellular telephone and other wireless services have offered bids totaling more than $1.2 billion after four rounds of the government auction. The Federal Communications Commission said its auction of personal communications services licenses recessed Thursday for the holidays and will resume the first week in January. Proceeds from the auction of the 493 PCS licenses will go directly to the Treasury. The largest bid so far has come for the license covering the New York market.