Verizon & AT&T Biggest Winners in FCC Auction

Verizon Wireless was the biggest winner of  the Federal Communications Commission’s 700 MHz auction, winning  six large licenses that i will give it air space to provide next-generation wireless broadband service in the C-Block of the spectrum vacated by broadcast television.

AT&T won 227 licenses from the “B” block of regional licenses, but  Google, while it submitted a serious bid for the C block, in the end won no licenses.

AT&T winning bids totaled about $6.64 billion while Verizon is paying $9.63 billion.