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 (Engadget's 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 billion spend. In third place, you have two different companies. In terms of spend, it was T-Mobile wit...
Source: engadget.com