Verizon spectrum merger 2020

Putting the spectrum to work Verizon rolled out its 5G Ultra Wideband network on Jan. 19, an offering that relies heavily on the C-band spectrum the company purchased.

As expected, Verizon spent the most: a whopping $45.5 billion for around 3,500 total licenses. … Table 1: The full results of the FCC’s C-band spectrum auction. CompanyBidding entityNet PaymentVerizonCellco Partnership$45,454,843,197Verizon, AT&T, T-Mobile: Here are the C-band auction results www.lightreading.com › d-id

C-Band, part of the mid-band spectrum, is like a middle-distance runner, able to move faster than a marathoner and cover a wider area than a sprinter. Verizon expects to use C-Band spectrum to reach impressively high speeds, peaking at a gigabit at launch .