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UK carriers stump up $1.9bn for 3.4 GHz 5G spectrum

UK carriers have paid £1.35 billion ($1.9bn) in the first stage of bidding for new 3.4 GHz radio spectrum, for use with 5G services, including high-bandwidth IoT-based concepts like autonomous driving. The new 3.4GHz allocation is the first bandwidth to be made available for...