AT&T leads bidders in $22.5 billion US spectrum auction

The auction generated proceeds of $22.5
billion in total, the FCC said. T-Mobile won $2.9 billion while Weminuche LLC
won $7.3 billion, which some analysts and FCC documents suggest bid on behalf
of Dish. Dish, which did not immediately comment Friday, confirmed in November
it had filed to participate in the auction.

AT&T declined to comment.

US Cellular won $580 million in bids.

The FCC said over one-third of the top
100 markets have at least four winning bidders, a broader ranger than a prior
auction. The broader range and distribution of winning bidders “will
increase competition by providing a diversity of wireless carriers with the
midband spectrum resources needed to maintain American leadership in 5G,”
it said.

“Enabling commercial use of this
spectrum is important to America’s continuing economic recovery and 5G
leadership,” FCC Chair Jessica Rosenworcel said.

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