After five rounds of bidding, the Federal Communications Commission’s auction of millimeter wave spectrum for 5G service has raised more than $62.2 million. Two more rounds of bidding are scheduled for today, after bidding in Auction 101 was temporarily suspended on Thursday afternoon due to severe weather in the Washington, D.C. area.
Auction 101 includes just over 3,000 county-based licenses in two 425-megahertz blocks of spectrum at 27.5 – 27.925 GHz and 27.925 – 28.350 GHz. Bidding began on Wednesday with forty qualified bidders.
