The FCC announced the close of bidding in Auction 102 for millimeter wave spectrum in the 24 GHz band suitable for 5G.
Auction 101 for 28 GHz band licenses was completed in January.
The FCC said the auction raised more than $2.7 billion in gross bids. Combined, 55 applicants were qualified to bid, and the winning bidders won 5,869 licenses.
The FCC will release a public notice in a few days providing detailed auction results and notifying...