5G spectrum sells for $4.6B so carriers can expand networks – CNET
The FCC auctioned off more 5G spectrum for $4.6 billion.
Angela Lang/CNET
The FCC netted almost $4.6 billion after auctioning off 5G spectrum to US carriers. The midband 3.5GHz spectrum will “further the deployment of 5G,” the FCC said Wednesday. More than 20,000 spectrum licenses were awarded, with the FCC to announce more details later this week.
“This is a banner day for American leadership in 5G,” FCC chair Ajit Pai said.
BREAKING NEWS: The @FCC just concluded the 1st #5G mid-band spec…
