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AT&T to buy $1 billion in spectrum from UScellular

UScellular will sell a chunk of its remaining spectrum assets to AT&T for a little more than $1 billion in cash, including 1,250 million MHz-POPs of 3.45 GHz and 331 million MHz-POPs of 700 MHz B/C block licenses. "We are pleased with the significant value...

South Korea to award additional 5G frequencies next month: Report

South Korea's ICT ministry confirmed it will launch an auction next month to award additional 5G network spectrum for the country's major mobile carriers, local news agency Yonhap reported. Last month, the Korean government had agreed to open bidding for additional 5G frequencies in the...

3.45 GHz auction inches toward conclusion

Just 27 license-types are still in contention The number of licenses in contention in the 3.45 GHz auction continues to drop and is now down to only 27 license-types. The auction has now raised nearly $21.9 billion in bids as of Round 133. At the...

3.45 GHz auction nears $21 billion

After a surge in bids last week, the 3.45 GHz spectrum auction has continued to steadily add to its bid total this week at a slower pace and after 68 rounds, stands at $20.77 billion. After 50 rounds, the auction total was at $18.7 billion,...

3.45 GHz auction chugs past $3 billion

After 19 rounds, the Federal Communications Commission's 3.45 GHz midband spectrum auction has raised a little more than $3 billion in bids from the field of 33 qualified bidders. The auction must meet a reserve price of $14.7 billion. Four rounds of bidding will be...

3.45 GHz auction makes its first billion in bids

The 3.45 GHz auction has surpassed one billion dollars in bidding after eight rounds, with bids totaling $1.185 billion. There's still quite a ways to go before the auction hits its minimum reserve price of $14.7 billion. Three rounds of bidding will be held...

3.45 GHz auction raises $672 million in its first day

The 3.45 GHz auction of 100 megahertz of midband spectrum raised more than $672 million in its first two rounds of bidding. The auction reserve price is $14.7 billion. Three additional rounds of bidding are scheduled for today. Sasha Javid, COO at Bitpath and...

NTIA, FCC release coordination info for 3.45-3.55 GHz

In preparation for the auction of the 100 megahertz of midband spectrum at 3.45-3.55 GHz this fall, the Federal Communications Commission and National Telecommunications and Information Administration have released details on the limited locations in which commercial operators will have to coordinate with federal...