An auction of wireless licenses, which began December 8 and is conducted by the Federal Communications Commission, has thus far reaped $69.8+ billion. The auction shut down during the holidays but recommenced January 4, meaning the total bids will likely increase. The previous record, in 2015, was the $44.9 billion raised by a sale of mid-range cellular licenses to boost 4G coverage. The winning bidders will not be revealed until the auction ends, but AT&T and Verizon are pegged by analysts to be dominant. Continue reading Federal 5G Spectrum Auction Raises Nearly $70 Billion So Far