By Julie song

There have been many FCC spectrum auctions over the last couple of
years to aid in 5G network development, but none with as much lasting
impact on the ecosystem as C-band.

At the major auction last February, companies spent over $81 billion
to secure the spectrum that was once allocated to satellite
TV. Verizon won 3,500 licenses for a whopping $45.5 billion, AT&T
secured 1,621 licenses for $23.4 billion and T-mobile—needing less
C-band than the others with its Sprint acquisition of 2.5GHz—won 142
licenses for $9.3 billion.

https://www.forbes.com/sites/forbestechcouncil/2022/11/30/why-c-band-is-the-it-frequency-of-2022/?sh=3d2990da32ff

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