Wednesday, December 9, 2020

5G-frequency auction prompts $2 billion in bids on the first day

Licenses for premium wireless bandwidth sought by service providers to build out high-performance 5G networks is being auctioned off by the Federal Communications Commission, potentially grossing up to $50 billion and enabling features that enterprises desire most.

The spectrum on the block is a piece of what’s known as the C-band, specifically the 280MHz-wide swath of it from 3.7GHz to 3.98GHz. It provides wider channels that support faster connections and lower latency than other ranges available to carriers, analysts say.

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Thanks to Jon Gold (see source)

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