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FCC Raises $4.6B in First 5G Mid-Band Spectrum Auction; Ajit Pai Quoted

1 min read
Ajit Pai
Ajit Pai Chairman FCC

The Federal Communications Commission (FCC) has wrapped up the first mid-band spectrum auction for 5G networks and raised approximately $4.6 billion in gross bids.

Auction 105 freed up 70 megahertz of spectrum in the 3,550-3,650 MHz band and enabled bidders to secure more than 91.1 percent of available 22,631 priority access licenses, FCC said Tuesday.

“This auction has been a key part of our 5G FAST Plan and our ongoing push to make more mid-band spectrum available for 5G,” said FCC Chairman Ajit Pai. “And I look forward to the Commission making available 280 more megahertz of mid-band spectrum for 5G in the C-band auction beginning on December 8.”

FCC kicked off Auction 105 in July 2020.

Join Potomac Officers Club for its 5G Summit on Oct. 27, 2020 to learn about the impact that innovative technologies and 5G integration have on the private and public sectors, the steps the federal agencies have taken to remain up to speed with the rapid advancement of technology, and the future programs, plans and priorities as the nation aligns with emerging technology.

Don’t miss out on this must see event! Click here to register for the 5G Summit on October 27th.

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