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AT&T’s Best Bet to Catch 5G Rivals Begins With Airwaves Auction

  • Bidding could reach $25 billion in midband spectrum auction
  • T-Mobile, Verizon boast muscular airwaves that AT&T lacks
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Photographer: Christopher Lee/Bloomberg
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AT&T Inc. gets a chance to close a 5G airwaves gap with its rivals this week, as bidding begins in a U.S. auction of frequencies for ultrafast wireless service that’s expected to attract $25 billion in bids.

The third-largest U.S. wireless carrier is predicted to be the top bidder in the sale run by the Federal Communications Commission, according to a survey of 10 analysts compiled by Bloomberg. Mobile leaders Verizon Communications Inc. and T-Mobile US Inc. are also ready to take part in the sale that starts Tuesday, as is Dish Network Corp.