5G rivals face $ 81 billion tab after spectrum buying frenzy – The Wall Street Journal

5G rivals face $ 81 billion tab after spectrum buying frenzy – The Wall Street Journal

Bidders have spent a record $ 80.9 billion on a US government wave license sale, capping a frenzied auction that will demand a commensurate wave of borrowing from an already indebted telecommunications industry. AT&T Inc., Verizon Communications Inc. and others have competed in the Federal Communications Commission sale of C-band spectrum rights – a flagship […]
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