The Federal Communications Commission (FCC) has opened up its first auction of high-band 5G spectrum to bidders. The spectrum in question is 28GHz and would allow winners, most likely carriers, the ability to potentially deliver gigabit speeds on downloads. It will be divided into two 425MHz blocks in any given county.
This auction of 28GHz spectrum is just the beginning. There will be a second auction of 24GHz with seven 100MHz blocks after the close of bidding for the 28GHz spectrum.
The Federal Communications Commission will commence its first-ever high-band 5G spectrum auction today. This morning, bidding will begin on spectrum in the 28 GHz band (Auction 101), which will be followed by bidding for spectrum in the 24 GHz band (Auction 102). The FCC is making 1.55 gigahertz of spectrum available through these two auctions. These auctions will be followed by a 2019 auction of three more millimeter-wave spectrum bands—37 GHz, 39 GHz, and 47 GHz.
Bidding for this high-band spectrum is open now.
To be clear, carriers like AT&T, T-Mobile, Sprint, and Verizon do not need this high-band 5G spectrum to launch the next generation of mobile networks. Indeed, AT&T and Verizon are in a death cage match right now to try to roll out a form of 5G by the end of the year. No, what this does is allow for the carriers to have additional frequencies for future expansion or for future offerings of higher speed data highways. It also gives carriers more room to play with as more and more devices come onto their networks such as IoT devices.
You can read the announcement for the auction on the FCC site.