Verizon, AT&T and T-Mobile spent $78 billion on C-band spectrum for 5G
February 24th, 2021 SOPA Images via Getty Images The Federal Communications Commission has shared the results of its long-awaited C-band spectrum auction. A company called Cellco Partnership, better known as Verizon (Engadgets parent company), came away from the proceedings the clear winner. It spent $45.4 billion, more than every other participant combined, to secure 3,511 individual 20Mhz blocks of spectrum across the country. AT&T came in second place, winning 1,621 licenses on a $23.4 bill...
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Source: engadget.com