AT&T, Dish win big in Andromeda auction, Verizon gets nothing

AT&T and Dish Network walked away with the bulk of spectrum licenses up for grabs in the FCC’s latest spectrum auction. AT&T agreed to spend roughly $9 billion on midband spectrum licenses for 5G, while Dish agreed to spend $7.3 billion.

Those results are mostly in line with analyst expectations.

T-Mobile agreed to spend almost $3 billion on spectrum licenses in the auction.

Interestingly, Verizon did not purchase any licenses. That’s noteworthy considering Verizon spent more than $50 billion on licenses in the FCC’s previous auction, of C-band spectrum, that ended last year. The company is planning to light up a network on that spectrum in the next few days.

Other winners in the auction, as disclosed by the FCC, include private equity companies like Grain Management and Columbia Capital, as well as a number of smaller investors and rural telecom providers.

To read the complete article, visit Light Reading.