Verizon spends big in FCC auction ahead of mid-band 5G launch

Verizon (Engadget’s parent company) was the biggest winner in the FCC’s recently concluded auction for licenses in the GHz band.

Curated via Twitter from Engadget’s twitter account….

When the agency announced (PDF) the auction’s conclusion last month, FCC Chairman Ajit Pai said it was a key part of the commission’s 5G FAST Plan and its “ongoing push to make more mid-band spectrum available for 5G. ” In all, the auction reached $4. 6 billion in winning bids, not just from Verizon and Dish, but also from a number of cable operators.

In its announcement, the commission has revealed that Verizon placed $1. 89 billion in winning bids, followed by Dish Network (under the name Wetterhorn Wireless) with total winning bids worth $912 million.

Link to original article….

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