Thursday, March 30, 2023
Home5G newsUSA C-band auction: winning bidders from the 3.7 GHz spectrum auction

USA C-band auction: winning bidders from the 3.7 GHz spectrum auction

On 24/02/2021, the FCC has declared the winning bidders in the Current 3.7 GHz spectrum auction and Verizon is the top in the list, accounting for over half of this spend.

In fact Verizon spent 45.5 Billion for approximately 3,500 total licenses obtaining an average of 160MHz of spectrum throughout the entire US

AT&T arrived second by spending $23.4 billion for 1,621 licenses, then AT&T Netted 80MHz at 95 percent of the nation, with the rest split between 60MHz and 100MHz.

T-Mobile, meanwhile, spent $9.3 billion for 142 licenses, covering around 68% of the US population.

Dish Network spent only $2.5 million for the license covering Cheyenne, Wyoming

There were several surprises in the result, as we saw Private equity firm Grain Management which  spent $1.3 billion, while Canopy Spectrum spent $172 million, knowing that canopy is a venture between Jennifer Fritzsche (a former Wells Fargo analyst) and Edward Moise Jr. (a longtime spectrum investor)

Find below the full result of the FCC C-band  spectrum auction:

FCC auction USA

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