FCC’s 28GHz 5G auction concludes; bidding reaches USD702.6m

25 Jan 2019

The Federal Communications Commission (FCC) has confirmed that Auction 101 – its sale of licences in the 27.5GHz–28.35GHz (28GHz) band – has concluded after 176 rounds of bidding. The auction generated total bids of USD702.57 million, with offers for 2,965 of the 3,072 available licences. The identities of winning bidders will remain private until after the close of bidding in Auction 102, the upcoming auction of 24.25GHz-24.45GHz and 24.75GHz-25.25GHz (24GHz) licences, which has been scheduled to commence as soon as the 28GHz sale process concluded.

United States, Federal Communications Commission (FCC)