Monday, June 3, 2019

mmWave Auction Winners Announced by FCC

The FCC today announced the winners of its recent auctions of mmWave radio bands for 5G services. Auction 101 was for the 28 GHz band and raised over $700 million in net bids with 33 bidders winning a total of 2,965 licenses. Auction 102, for the 24 GHz band, raised over $2 billion in net bids with 29 bidders winning a total of 2,904 licenses. Verizon focused on 28 GHz while AT&T and T-Mobile focused on 24 GHz. Verizon spent over $505 million on 28 GHz licenses covering 863 markets. AT&T spent nearly $1 billion on 24 GHz licenses covering 383 markets. (Note that the two auctions divide geographic markets differently.) T-Mobile spent $803 million for 24 GHz licenses covering 400 markets, but also $39 million for 28 GHz licenses covering 864 markets. US Cellular split its winning bids more evenly, with $129 million for 28 GHz and $127 million for 24 GHz.



from Phone Scoop - Latest News http://bit.ly/2WFAkhz

No comments:

Post a Comment