Friday, November 19, 2021

FCC auction for prime 5G bandwidth rakes in $21.8B

The FCC auction for a prime band of 5G wireless spectrum has attracted $21.8 billion in bids, underscoring the importance of the frequency blocks that range from 3.5GHz to 3.55GHz.

Of the 4,060 blocks available for discrete geographic areas throughout the country, all but 19 sold during the 29-day auction, according to the FCC.

Carriers have been hungrily buying up this mid-range spectrum that some call the Goldilocks Zone because its transmissions propagate over a significant distance and also support high data rates. Earlier this year an auction for blocks of spectrum in the 3.7GHz (C-band) range raised more than $81 billion. 

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Thanks to Jon Gold (see source)

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