Verizon and AT&T just spent almost $70 billion on spectrum to improve their 5G networks

The Verge
By Allison JohnsonFeb 24, 2021, 5:05 pm111 pts
Illustration by Alex Castro / The Verge The much-anticipated results of the FCC’s Auction 107 are in, with Verizon and AT&T spending big as anticipated on the coveted C-band spectrum. Verizon in particular spent nearly twice as much as AT&T, with a total spend of $45.4 billion. AT&T’s total bid adds up to…

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