Who owns the most Mid-band spectrum?

Generally, AT&T and Verizon . The C-band frequencies will become available in two chunks. The first 100MHz are now available in 46 major markets across the US, covering about 60% of the US population. Verizon and AT&T split those “A block” airwaves 60/40.

T-Mobile has the industry’s most complete spectrum portfolio, largely thanks to an abundance of mid-band licenses secured in its 2020 acquisition of Sprint. It focused on more in-demand licenses in the auction, spending an average of $66 million for its 142 licenses.

As of March, Verizon owned 73% of 28 GHz spectrum , while AT&T had 36% of the 24 GHz spectrum, AllNet data shows. Carriers, and Verizon in particular, are still waiting on the upcoming C-band auction to get access to mid-band spectrum for broad coverage, but that will take time before it can be put into use.