28 GHz Auction Concludes Raising $702M
Friday, January 25, 2019 | Comments

The FCC concluded the first auction of Upper Microwave Flexible Use Service (UMFUS) licenses, Auction 101, raising a total of $702.5 million with 2,965 28 GHz licenses won. The spectrum is expected to be used for 5G wireless services.

The FCC won’t disclose the identities of winning bidders until after the close of bidding in Auction 102, the upcoming auction of 24 GHz UMFUS licenses.

“The successful conclusion of our nation’s first high-band 5G spectrum auction is a significant step toward maintaining American leadership in 5G,” said FCC Chairman Ajit Pai. “The FCC will continue to aggressively push more spectrum into the commercial marketplace. Our 24 GHz auction will begin soon, and we will then hold an auction of three more spectrum bands later this year. By making more spectrum available, promoting the deployment of wireless infrastructure and modernizing our regulations — the three components of the FCC’s 5G FAST plan — we’ll ensure that American consumers reap the substantial benefits that will come from the next generation of wireless connectivity.”

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