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FCC Brings In Nearly $2B In 24 GHz Spectrum Auction

Law360 (April 17, 2019, 7:14 PM EDT) -- The Federal Communications Commission said Wednesday it had raked in $1.99 billion auctioning off thousands of spectrum licenses from the 24 GHz band, propelling the agency closer to its goal of freeing up more bandwidth to support the speedy rollout of 5G wireless broadband.

The initiative — known as Auction 102 — kicked off in March with the goal of offloading nearly 3,000 spectrum licenses in a band said to be ideal for 5G services. And despite last-minute calls from Congress to delay the bidding — as some lawmakers voiced concerns that it would interfere with weather information-gathering activities that occur...

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