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5G Auction Soars to $34 Billion With Verizon Leading Way
Bloomberg
12/18/2020
Scott Moritz and Todd Shields
© Bloomberg
Verizon Communications Inc. 5G wireless signage is displayed at the company s booth during the Mobile World Congress Americas event in Los Angeles, California, U.S., on Tuesday, Oct. 22, 2019. The conference features prominent executives representing mobile operators, device manufacturers, technology providers, vendors and content owners from across the world.
(Bloomberg) Offers for 5G airwaves soared to almost $34 billion in a massive U.S. auction that could feature heavy bidding by Verizon Communications Inc., which needs more spectrum to compete in the dawning era of ultrafast mobile connections. ....

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