5G Millimeter Wave $7.5 Billion Auction 103 Winners Announced
The Federal Communications Commission released the winners in Auction 103 of 5G millimeter wave spectrum in the 37 GHz, 39 GHz and 47 GHz bands, and it looks like the nation’s largest mobile carriers won the vast majority of the spectrum. The auction raised a total of more than $7.5 billion. The largest winner was Straight Path Spectrum LLC, which won 4,940 out of 14,142 licenses won and which appears to be a bidding name for Verizon. The second largest winner was Fiber Tower Spectrum Holdings, LLC, which won 3,267 licenses and which appears to be a bidding name for AT&T.