High-Band Auction Just Under $690 Million
Provisionally winning bids in the 28 GHz auction climbed to nearly $690 million Thursday. Of 3,072 licenses for sale, 2,938 have winning bids. The auction has two final bidding rounds Friday before going on hiatus until Jan. 3 (see 1812140018).…
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The auction is the FCC’s first of high-band spectrum for 5G.