The Federal Communications Commission announced Friday that Verizon Communications placed the winning bid of nearly $3.2 billion for wireless licenses in its latest mid-band spectrum auction.
Three other major companies also secured licenses in the same auction. AT&T successfully bid $278 million, T-Mobile came in at $121 million, and SpaceX rounded out the group with a bid of $8.5 million. Combined, the auction brought in approximately $3.5 billion in total bids, according to the FCC.
