The Federal Communications Commission (FCC) has granted 4,041 flexible-use licences for mobile services in the 3.45GHz band to the winning bidders in Auction 110, which closed in January. The FCC notes that 13 of the 23 companies with winning bids qualified as small businesses or as entities serving rural communities. In addition, compared to the prior 5G auction of spectrum in the 3.7GHz band, this auction saw a substantial increase in the number of winning bidders per market: over one-third of the top 100 markets have at least four winning bidders, compared with 10% of the top 100 markets for Auction 107 (3.7GHz). The 3.45GHz auction generated gross proceeds exceeding USD22.5 billion.
FCC chairwoman Jessica Rosenworcel commented: ‘Building on the success of this auction, we are hard at work preparing for the 2.5GHz auction starting in July. Our continued focus on making mid-band spectrum available illustrates our commitment to the broad availability of 5G in the United States.’