The Federal Communications Commission’s auction of 2.5 GHz overlay licenses wrapped up last week after about a month of bidding. Winning bidders have been announced, and as expected, T-Mobile US used the auction as a way to bolster its 2.5 GHz holdings at a steep discount compared to the prices that its competitors have paid in recent midband spectrum auctions.
Here are five highlights from the 2.5 GHz auction:
-Of the 8,017 licenses available, 98% of them sold: 7,872. The vast majority of those (7,156, to be exact) were won by T-Mobile US at a cost of about $304 million.
