The FCC has granted the spectrum licenses to T-Mobile, U.S. Cellular Corp., Straight Path, ATI Sub LLC, FiberTower Spectrum Holdings, Window Wireless and Windstream.
Straight Path Spectrum was the top bidder in Auction 103 ($3,417,133,445), followed by FiberTower Spectrum Holdings ($2,379,103,897), and T-Mobile ($931,609,379).
The FCC's Spectrum Frontiers auction of high-band spectrum for 5G (auction 103) closed March 12, raising $7,558,703,201, with $3,084,172,898 going to pay off existing licensees and the FCC netting $4,474,530,303.
The 35 qualified bidders in the auction competed for a whopping 3,400 MHz of flexible use, millimeter-wave, spectrum (in the upper 37-gigahertz, 39-GHz and 47-GHz bands), the most spectrum the FCC has ever offered in an auction of any type. The spectrum — which was offered as 14,142 licenses — can be used for both fixed and mobile broadband and was auctioned in 100-megahertz blocks in partial economic areas (PEAs).