Units of Verizon Communications and JetBlue Airways Corp. have been the most well-known bidders in the sale which began on Wednesday. The agency had stopped the sale midday on Thursday with initial plans to resume Friday.

The agency instead suspended bidding until 10 a.m. EDT (1400 GMT) Monday.

"The FCC will set the pace of the auction based upon its monitoring of the bidding activity and its assessment of the auction's progress," the agency said in a notice.

An FCC spokeswoman was not immediately available for comment.

After eight rounds of bidding, Unison Spectrum LLC has the highest offer of $4.5 million for a 3 megahertz license while Space Data Spectrum Holdings LLC has the top bid for the other 1 megahertz license with an offer of $244,000.

Unison has declined to comment on its plans.

The auction will end when none of the qualified bidders makes a new offer and does not withdraw a previously provisional winning bid during a round.

The airwaves up for sale include those licensed to Verizon's Airfone service, which offers service through phones embedded in airline passenger seats. Consumers have balked at the Airfone service because of its relatively high cost.

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