AT&T, Dish bid most in FCC's latest 5G airwaves auction, while Verizon skips
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AT&T (T
+1%) dominated spending in the latest FCC 5G airwaves auction, and was largely joined by Dish Network (DISH
-0.1%) - and somewhat surprisingly, Verizon (VZ
-0.5%) was absent, the agency has revealed.
The Federal Communications Commission unveiled bidders for the 3.45 GHz auction (Auction 110) that wrapped up in November.

Verizon (VZ
-0.5%) and AT&T (T
+1%) were widely expected to spend to catch their spectrum up to the holdings of T-Mobile (TMUS
-1.7%), which had a sizable cache after wrapping its merger with Sprint. And AT&T did bid $9.1 billion of the total $21.9 billion bid.
Dish Network (DISH
-0.1%), the upcoming fourth major national carrier, committed $7.3 billion in spending through a proxy. And T-Mobile (NASDAQ:TMUS) bid just under $3 billion. (U.S. Cellular (USM
-0.6%) showed up with about $580 million in bids.)
Verizon (VZ
-0.5%), though, looks content for now to lean on the heavy C-band spectrum it picked up in a record-setting auction last year. That auction drew a record $81 billion, and AT&T and Verizon accounted for $68.9 billion of that.