FCC generates more than $4.5 billion in latest wireless spectrum auction –

The auction, which began on July 23 and wrapped up on August 25, offered 70 megahertz of Priority Access Licenses (PALs) in the 3550-3650 MHz band. In total, the auction generated $4,585,663,345 from 228 bidders who won a total of 20,625 licenses.

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