The FCC is set to rule this month on whether 3 foreign satellite service providers owning more than 90% of the US’s C-Band spectrum, the preferred airwave for future 5G networks, will be allowed to offer 300MHz of cleared space to bidders in a private sale that could generate up to $60 billion. While the satellite giants have vowed to hand over a piece of the generated revenue to the FCC, the committee feels it is entitled to a guaranteed piece of the pie and may be willing to confiscate the spectrum and offer it in a public auction instead. The decision is one with major implications for multiple industries and could disrupt the entire timetable for the US’s 5G rollout.
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