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5G auction: AT&T and Dish spend billions while Verizon sits out
The usual suspects—bar one—spent big on the latest FCC auction for 5G spectrum, with AT&T and Dish headlining the winning bidders. At the top of the list was AT&T, which spent over $9 billion to acquire 1,624 licenses in the 3.45-3.98GHz range, according to the FCC. Each license represents the right to use 10MHz of that spectrum in a given geographical subdivision of the country. Close behind AT&T at $7.3 billion was Dish, which acquired…
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