Sunday, 16 June 2019

FCC reveals winners of US' $2.7bn 5G mmWave auction

By Chris Kelly, Total Telecom
Tuesday 04 June 19

Auctions 101 and 102 comprised lots of spectrum in the 24GHz and 28GHz band

The Federal Communications Commission (FCC) has announced the results of its 24GHz and 28GHz auctions, with over $2.7 billion being raised in the process. Millimetre wave (mmWave) spectrum will be used by telcos to deliver the hyperfast…

The Federal Communications Commission (FCC) has announced the results of its 24GHz and 28GHz auctions, with over $2.7 billion being raised in the process.

Millimetre wave (mmWave) spectrum will be used by telcos to deliver the hyperfast, gigabit-and-beyond services that 5G will offer in the coming months and years.

As expected, the big winners in the 24GHz and 28GHz auctions were the US' big three mobile network operators.   

AT&T paid a total of $982 million for 831 24GHz licences, while Verizon paid $505 million over a thousand 28GHz licences.

T-Mobile bid $803 million for 1,346 24GHz licences, ahead of its proposed merger with Sprint. Together, T-Mobile and Sprint will have secured sufficient spectrum to launch 5G networks capable of challenging the scope and scale of those from AT&T and Verizon.

"American leadership in 5G means deploying more airwaves for the next generation of wireless connectivity," said FCC chairman, Ajit Pai.

"The successful conclusion of our nation's first two high band flexible, mobile-use spectrum auction is a critical step. By making more spectrum available, we'll ensure that American consumers reap the substantial benefits that 5G innovation will bring and will extend US leadership in 5G too," he added.   

In total, almost 60 bidders took part in the 24GHz auction, including a number of regional carriers and cable providers.

Also in the news:

T-Mobile and Sprint line up buyers for $3bn Boost 

FCC chairman back T-Mobile, Sprint merger

FCC blocks China Mobile's application for a US telecoms licence 

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry