US official says upcoming spectrum auctions could generate more than $100 billion

The Federal Communications Commission (FCC) Chair Brendan Carr has announced that upcoming wireless spectrum auctions could generate more than $100 billion in proceeds. FCC plans include a 2027 auction of 160 megahertz of mid-band spectrum in the Upper C-Band, followed by three additional auctions by the end of 2028. Carr stated that the administration aims to foster new competition in the wireless spectrum market beyond the major players like AT&T, Verizon, and T-Mobile.

The auctions will help address growing wireless needs and advanced technologies such as artificial intelligence, driverless cars, and connected sensors.

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