Next 5G Auction to Feature Large Tracts Sought by Carriers
- Vote at FCC establishes conditions for October airwaves sale
- FCC votes on rules as carriers race to accumulate frequencies
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Regulators decided the next U.S. 5G airwaves auction will offer frequencies in portions covering millions of people, a plan backed by wireless giants thirsty for spectrum and opposed by cable providers leery of expensive bidding.
The Federal Communications Commission with a 4-0 vote set rules for the sale that’s to begin in October. It’ll follow an airwaves auction that drew a record $81 billion in bids as companies race to establish next-generation ultrafast 5G wireless service.