FCC's 28GHz mmWave 5G auction ends, raising millions but leaving questions [telecom]

By Jeremy Horwitz

Though the Federal Communications Commission officially closed its doors more than a month ago, due to the U.S. government shutdown, the agency kept enough staff around for a critical 5G development: Auction

101, the sale of 28GHz millimeter wave (mmWave) spectrum licenses covering the United States. After 38 days and 176 rounds of bidding, Auction 101 sold the licenses for just over $700 million - a decent but not amazing sum for the U.S. Treasury.

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