AT&T leads bidders in $22.5 billion U.S. spectrum auction


FILE PHOTO The company logo for ATampT is displayed on a screen on the floor at the New York Stock Exchange NYSE in New York U.S. September 18 2019. REUTERSBrendan McDermidFile Photo

FILE PHOTO: The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid/File Photo

WASHINGTON (Reuters) -AT&T Inc led bidders in the Federal Communications Commission (FCC) 5G spectrum auction of 3.45 GHz band spectrum, winning $9 billion in bids, the U.S. regulator said on Friday.

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.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read


All Headlines:

Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In