Verizon spends big in FCC auction ahead of mid-band 5G launch [telecom]

Verizon placed $1.89 billion in winning bids.

By Mariella Moon

erizon (Engadget's parent company) was the biggest winner in the FCC's recently concluded auction for licenses in the 3.5 GHz band. In its announcement, the commission has revealed that Verizon placed $1.89 billion in winning bids, followed by Dish Network (under the name Wetterhorn Wireless) with total winning bids worth $912 million. The FCC started auctioning off 70 megahertz of Priority Access Licenses in a band that's seen as key to widespread 5G and Internet of Things deployment back in July.

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