The Federal Government Has Raised 48.9 Billion From Canada’s Telecom Auction For 5G Wireless Spectrum
The federal government has collected $8.9 billion in a license auction related to a key band of 5G wireless spectrum in results that were announced after the close of markets on Thursday. The pack was led by Canada’s Big Three wireless companies that grabbed hundreds of licenses for the 3500MHz band of airwaves. The 3500MHz band of spectrum is expected to be important as the carriers are using it to build blocks for their 5G networks. More equipment for smartphone hardware and carriers is expected to work with…
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