T-Mobile, AT&T and Verizon Win Spectrum in FCC Auction That Raised $41.3 Billion

The Federal Communications Commission revealed the list of winning bidders in its spectrum auction, with AT&T, Verizon and T-Mobile among the 31 bidders that paid more than $41.3 billion. AT&T spent $18.2 billion; Verizon won $10.4 billion worth of bids, while T-Mobile’s winning bids totaled just under $1.8 billion. Two entities tied to Dish Network had winning bids of a combined $13.3 billion. Less than $1.2 billion went to other entities. The $41.3 billion total is more than double the reserve price set by the government and well ahead of what many wireless industry watchers were expecting.