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The FCC is scheduled to start its Auction 108 of 2.5GHz spectrum licenses on Friday, July 29. The agency isn't scheduled to release any more spectrum for 5G beyond this auction. And T-Mobile is widely expected to walk away with the bulk of the auction's winnings.
Verizon, AT&T and T-Mobile walked away with the vast majority of the C-band licenses up for grabs in the FCC's blockbuster midband spectrum auction. As expected, Verizon spent the most: a whopping $45.5 billion for around 3,500 total licenses. According to the financial analysts at Evercore, Verizon acquired an average of 160MHz of spectrum across the entire US. The operator announced a $25 billion loan from JPMorgan Chase Bank to help pay for the licenses. AT&T came in second by spending $23.4 billion for 1,621 licenses. According to Evercore, AT&T netted 80MHz in 95% of the country, with t...