By Julie song
There have been many FCC spectrum auctions over the last couple of years to aid in 5G network development, but none with as much lasting impact on the ecosystem as C-band.
At the major auction last February, companies spent over $81 billion to secure the spectrum that was once allocated to satellite TV. Verizon won 3,500 licenses for a whopping $45.5 billion, AT&T secured 1,621 licenses for $23.4 billion and T-mobile—needing less C-band than the others with its Sprint acquisition of 2.5GHz—won 142 licenses for $9.3 billion.