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FCC’s Latest 5G (3.45 GHz) Auction Closes, Grosses $21,888,007,794

The clock phase of the FCC’s latest (3.45 GHZ) auction of midband spectrum for 5G has closed at $21,888,007,794 in total gross bids, almost $10 billion more than was necessary for the auction to close and making it one of the most lucrative spectrum auctions in FCC history.

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