Friday, February 12, 2021 3:53:34 AM
https://www.marketplace.org/2021/01/08/mobile-media-giants-submit-record-bids-as-5g-spectrum-auction-tops-78-billion/
Qualcomm went to GLOBALSTAR, not to the FCC 5G Auction. Think about that.
As of Jan. 5, the Federal Communications Commission auction of so-called mid-band frequencies has raised more than $78 billion, far exceeding any previous spectrum auction and blowing away most analysts’ expectations.
Mid-band frequencies are often described as the Goldilocks range of the spectrum, where 5G signals fly fast and far.
“There is a broad sense that if you miss this opportunity, you risk missing out on the entire 5G revolution,” analyst Craig Moffett of the firm MoffettNathanson said. “And that could mean your company is largely irrelevant. It’s either play or die.”
Most media and wireless behemoths — including Verizon, T-Mobile, AT&T, Dish Network and Comcast — are betting on 5G to deliver next-generation phones, apps, entertainment and driverless vehicles. But right now, only T-Mobile owns a large chunk of mid-band spectrum.
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