The FCC says the AWS-3 spectrum auction—the first in four years—wrapped after 72 rounds, generating over $3.5B across 200 licenses. Seventeen bidders participated, including AT&T, Verizon, T-Mobile, EchoStar, and SpaceX. The licenses cover 1695–1710 MHz, 1755–1780 MHz, and 2155–2180 MHz, including major markets like Boston, New York, and Chicago, and are expected to boost 5G capacity. Analysts expect the Big Three to win most licenses, while SpaceX may be positioning for futu