AT&T: wins new spectrum licenses for 5G
(CercleFinance.com) - US mobile operator AT&T said on Tuesday that it has won spectrum licenses that cover over 99% of the US population following a government auction.
With this newly acquired spectrum , AT&T has improved its 39 GHz spectrum position to 786 MHz, an increase of 102%, the carrier said in a statement this morning.
The company said it spent about 2.4 billion dollars in the auction, or 1.2 billion dollars net of its vouchers, in a deal that will help the company to strenghten its position in mobile 5G.
In all, this auction by the the US Federal Communications Commission raised over 7.5 billion dollars in net bids, with 28 bidders winning a total of 14,142 licenses.
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