the results of its 3.5 GHz auction, with Verizon and Dish outspending all other bidders for the mid-band spectrum, which offers an attractive compromise between the speeds of mmWave and the range of low-band spectrum. The auction concluded on August 25, raising a total of $4.5 billion from 228 bidders.Business Insider IntelligenceVerizon spent nearly $1.9 billion, accounting for 42% of total auction spending, which will help the wireless carrier expand the reach of its 5G network.
Dish spent $913 million, less than half as much as Verizon, but the mid-band spectrum will help the company deploy a standalone 5G network. Dish has long-term
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