David Salant Commentary to Policy Tracer on mmWave Auction 103 03-25-20
US pays 39 GHz band incumbents $3.1bn to vacate it
News article
US regulator the Federal Communications Commission (FCC) has revealed that of the $7.6 billion in revenue from "Auction 103", $3.1 billion was spent on credits to allow incumbents to reorganize their spectrum assets at 38.6—40 GHz.