Verizon Dropped Whopping $45 Billion on 5G Spectrum in Record-Breaking Auction

Verizon Dropped Whopping $45 Billion on 5G Spectrum in Record-Breaking Auction

According to the Federal Communications Commission, which ran the auction, Verizon was the highest bidder offering $45 billion for 280 megahertz of prime mid-band spectrum in the 3.7-3.98 GHz band. AT&T was the second-highest bidder with $23 billion, while T-Mobile came in after with a $9.3 billion bid. Twenty-one bidders participated including satellite and TV […]

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