AT&T takes 40% of a 5G auction in the US for 9,000 million

The telecommunications company AT&T has been the one that has won the most segment of the last bid for the 3.45 gigahertz (GHz) spectrum in the US, belonging to 5G, acquiring packages for 9,000 million dollars of the total of 22,513 million that were will pocket the Federal Communications Commission (FCC, for its acronym in English).

In this way, the giant -whose origin dates back to the end of the 19th century- has achieved 40% of what was auctioned, while T-Mobile has invested 2.9 billion dollars and US Cellular barely 580 million.

The second in spending in the auction has been Weminuche LLC, with 7,300 million, which is suspected of having bid on behalf of the Dish company who, however, has not confirmed this aspect at the moment.

In the auction 23 bidders have been winners in total. acquiring 4,041 user licenses of the spectrum in different areas. Therefore, local companies, such as East Kentucky Network, NE Colorado Cellular or Carolina West Wireless, are added to the large ones already mentioned.

All winners will have to make deposits before the end of the month, and the final payment before February 14.

According to the FCC, around a third of the 100 largest auctioned markets have achieved four winning bids, which will increase competition by providing a diversity of wireless carriers with the necessary resources in mid-band spectrum to maintain America’s leadership in 5G.”

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