The FCC announced the conclusion of Auction 103
The Federal Communications Commission announced the conclusion of Auction 103, its third auction of 5G suitable millimetre wave spectrum to date. The process started in December 2019 and involved frequencies in the upper 37GHz, 39GHz, and 47GHz bands, offering a total of 3,400 MHz of spectrum. The auction bid reached 7.6 billion USD (6.9 billion EUR). The price per MHz per capita for 10 years is 0.06 cEUR. The amount is much inferior to the price of past auctions in the 24 and 28 GHz bands.
Price (cEUR) per MHz per capita for 10 years
Source: IDATE DigiWorld
Verizon spent 1.6 billion USD (1.45 billion EUR) on 4,490 licenses in 411 areas. AT&T dropped nearly 1.2 billion USD (1.09 billion EUR) on 3,267 licenses in 411 areas. T-Mobile spent a total of 873 million USD (793 million EUR) in the auction and won 2,384 spectrum licenses covering 399 areas. Sprint bid almost 114 million USD (103 million EUR) on 127 licenses in 38 areas.
The FCC is planning two more spectrum auctions for this year. They include a 3.5GHz auction that’s planned to begin in June 2020 and a C-band auction that is expected to begin in December 2020.