US spectrum auctions to yield over 100 billion dollars
FCC Chair Brendan Carr announced that upcoming wireless spectrum auctions could generate more than 100 billion dollars by late 2028. The initiative aims to boost telecom competition and address surging data demand driven by artificial intelligence.
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Federal Communications Commission Chairman Brendan Carr said Wednesday that upcoming wireless spectrum auctions could generate more than $100 billion in proceeds over the next couple of years. The initiative follows a vote in July by regulators to hold a 2027 auction for 160 megahertz of mid-band spectrum. The rollout aims to spark fresh competition across the United States telecom sector.
