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Verizon wins bulk of C-band licenses

Verizon spent $45.5 billion to secure about 3,500 licenses for wireless spectrum across the US in the recent C-band auction that elicited $81 billion in bids for boosting 5G networks with the mid-band frequencies, the Federal Communications Commission announced. AT&T won 1,621 licenses with its $23.4 billion in bids.

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