Verizon, AT&T, T-Mobile: Here are the C-band auction results
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...
Source: lightreading.com