FCC 5G mmWave Auction Hits $677.4M

The Federal Communications Commission (FCC) 28GHz auction hit $677.4 million in bids this Friday, as early technology demonstrations show next-generation services require large swathes of spectrum to deliver multi-megabit speeds.
The FCC now lists bids of $677,408,100 for the first millimeter wave (mmWave) auction for 5G in the US. The agency's
The auction will begin again Monday at 10:00 a.m.
Light Reading.
Millimeter wave 5G networks need huge bandwidth to juice performance, as shown this week in 5G demonstrations in Maui and 5G Home early service data from Verizon Communications Inc. (NYSE: VZ)'s CEO, Hans Vestberg. (See 5G Demos Show the Tech's Spectrum Achilles Heel.)
In Maui, Ericsson AB (Nasdaq: ERIC)'s 39GHz demonstration The high-band spectrum is not the only band expected to be used for 5G. Executives from AT&T, T-Mobile and Verizon have all said that 5G will require low-, mid- and high-band frequencies to deliver a combination of coverage, propagation and download speed. (See AT&T: We're Not Only Focused on mmWave for 5G and T-Mobile: 5G Lets Us Take Broadband Across America.) The 28GHz millimeter wave spectrum auction began November 14. It will be followed directly by the 24Ghz auction, with more auctions expected in 2019. (See FCC's 28GHz 5G Auction Kicks Off With $36M+ in Bids.) — Dan Jones, Mobile Editor, Light Reading
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