• It looks like Verizon accidentally bought $1.5M worth of 2.5GHz spectru

    From Bill Horne@21:1/5 to All on Mon Sep 5 19:56:10 2022
    By Mike Dano

    Verizon purchased a handful of 2.5GHz spectrum licenses scattered
    around the US for a total of $1.5 million in the FCC's recent
    auction. Analysts are calling it an accident.

    "This 2.5GHz spectrum will be useless to Verizon; the company actually
    tried to dump all of their bids, but got stuck as the final bidder for
    the licenses they won," wrote the financial analysts at New Street
    Research in a note to investors. Verizon currently does not widely use
    2.5GHz spectrum in its wireless network.

    https://www.lightreading.com/5g/it-looks-like-verizon-accidentally-bought-$15m-worth-of-25ghz-spectrum/d/d-id/780140

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