National Carriers Dominate FCC's First High-Band Auctions
Verizon, U.S. Cellular and T-Mobile were the big bidders in the 28 GHz auction, AT&T and T-Mobile in the 24 GHz auction. The FCC released results Monday. In the 28 GHz auction, the first held by the FCC, Verizon bid…
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$505.7 million for 1,066 licenses in 863 markets. U.S. Cellular was a distant second, $129.4 million for 408 licenses in 362 markets. T-Mobile was third, $39.3 million for 865 licenses in 864 markets. Windstream, which bid $6.2 million for 106 licenses, was the only other bidder above $5 million. In the 24 GHz auction, AT&T was the top spender -- winning 831 licenses in 383 markets with bids of $982.5 million. T-Mobile also went big, with $803.2 million for 1,346 licenses in 400 markets. U.S. Cellular was third, bidding $126.6 million for 282 licenses in 102 markets, followed by Starry, which bid $48.5 million for 51 licenses in 104 markets.