Companies have bid $81 billion for the airwaves to build 5G, and winners will be revealed soon
Key Points The FCC is auctioning valuable airwave licenses that can be used to build out faster and more powerful 5G networks. Bidders include wireless companies, cable companies, and a few wild cards. The FCC announced earlier this month that bidders spent a total of $80.9 billion on the licenses, up from the $20 to $30 billion range predicted last summer. Winners will be announced soon.